Bank of America Reveals New Blockchain Patent Targeting Cash Handling

7 Legal Questions That Will Define Blockchain in 2019
January 3, 2019
Fintech School Partners with Paytech Academy to Alleviate the Global Talent Shortage in the Payments Industry
June 20, 2019

Amilcar Chavarria

An automation use case by Bank of America, a top holder of Blockchain IP with “over 50 patents accumulated in the last two years” per the article. Here they reveal a new blockchain patent targeting cash handling operations inside banks. A cumbersome and costly process. A consistent point is that topics like cryptocurrency benefits in payments and the value of bitcoin can be polarizing, but support for the viabity and expected impact from Blockchain / DLT is almost universal across governments and industries. blockchain financialinnovation

https://cointelegraph.com/news/bank-of-america-reveals-fresh-blockchain-patent-targeting-cash-handling

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign Up