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Tag: patent

Walmart Files Patent for Blockchain-Based Robot Delivery System

Category: Blockchain, Business, News, Tech

Walmart Files Patent for Blockchain-Based Robot Delivery System

On August 30, 2018, Walmart sought a patent for a blockchain-based delivery system from the US Patent and Trademark Office (USPTO). A Network of Authentication The patent filed by Walmart Stores Incorporated was entitled “Systems, Devices and Methods for In-Field Authenticating of Autonomous Robots,” and it describes an application by which goods and services can be delivered securely to customers….

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Banking on Hype: Wells Fargo and Barclays Acquire Token and KYC Blockchain Patents

Category: Altcoins, Blockchain, Business, Development, News

Banking on Hype: Wells Fargo and Barclays Acquire Token and KYC Blockchain Patents

Two of the world’s larger banks recently acquired three distinct patents in the field of blockchain technology. Wells Fargo’s, aptly titled “Data element tokenization management,” was filed on July 17, 2018, and looks to tokenize pretty much every possible data piece possible. Barclays later filed two patents on July 19, 2018. The first looks to streamline cryptocurrency transfers between clients…

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Mastercard Awarded Patent for Blockchain-Based Travel Itinerary Bidding System

Category: Bitcoin, Blockchain, Business, Finance, News, Tech

Mastercard Awarded Patent for Blockchain-Based Travel Itinerary Bidding System

Global payments processor Mastercard has successfully secured a patent for a bidding system which streamlines the travel itinerary for users. A Stress-Free Tour On June 7, 2018, the United States Patent and Trademark Office (USPTO) awarded MasterCard the patent for a distributed ledger technology(DLT)-powered solution which allows travelers to book services, including hotels, airlines, tour guides, and taxis. As per…

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Winklevoss Brothers Win Patent Which Could Pave the Way for a Cryptocurrency ETF

Category: Altcoins, Bitcoin, Business, Finance, News, Tech

Winklevoss Brothers Win Patent Which Could Pave the Way for a Cryptocurrency ETF

The U.S. Patent Office has awarded Winklevoss brothers’ Winklevoss IP a patent for a system to operate exchange-traded products (ETPs) for cryptocurrencies. The patent, granted by American authorities on May 08, 2018, could be the key to listing a crypto ETP on their exchange Gemini. About the Patent Records show that Winklevoss IP applied for a patent on December 19,…

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Intel Set to Revolutionize Bitcoin Mining, Patent Awaits Approval

Category: Bitcoin, Business, Mining, News

Intel Set to Revolutionize Bitcoin Mining, Patent Awaits Approval

The nascent world of blockchain-powered virtual currencies keeps getting more irresistible with each passing day and many more firms are looking to have a piece of the ‘cryptocake.’ Intel Corp., the world’s largest manufacturer of personal computer microprocessors, has caught the bitcoin bug and is now awaiting approval for its cryptocurrency mining system-on-a-chip patent. Intel Wants to Hodl According to…

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Amazon Wins Bitcoin Patent; System To Help Marketplaces, Logistics, and Law Agencies

Category: Altcoins, Bitcoin, Business, Commentary, News

Amazon Wins Bitcoin Patent; System To Help Marketplaces, Logistics, and Law Agencies

E-commerce leader Amazon has recently won a patent which grants them the authority to set up a streaming data marketplace, allowing the users to view cryptocurrency transactions in real time. Subsidiary Wins Patent Granted to a subsidiary – Amazon Technologies – of the e-commerce and cloud computing giant, the patent details a system where individuals and organizations are allowed to…

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Morgan Stanley Affirms PayPal’s Dominance in Online Commerce

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News

Morgan Stanley Affirms PayPal’s Dominance in Online Commerce

Morgan Stanley analyst James Faucette believes that PayPal will remain the leader in the online payment sector. The California-based company dominates the industry as they service 79 percent of the top 500 online merchants. In contrast, only four of the top 500 eCommerce sites accept bitcoin as a payment option. Faucette, said: “We expect PayPal to continue growing at or…

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Lenovo Set to Use Blockchain Technology for Physical Document Validation

Category: Blockchain, Business, News, Tech

Lenovo Set to Use Blockchain Technology for Physical Document Validation

The Chinese personal computer and mobile phone company, Lenovo, have since caught the blockchain fever. The firm registered a related patent with the U.S Patent and Trademark Office (USPTO) since 2016, but the USPTO only released the application on February 15, 2018. Blockchain-Based Document Validation System The Chinese technology ‘big whale’ is poised to use Blockchain technology for checking the…

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The UPS Locker That Accepts Bitcoin

Category: Bitcoin, Business, Commentary, News

The UPS Locker That Accepts Bitcoin

Understanding the way virtual currencies are moving into modern society is a multifaceted issue. First off, one needs to address just where a cryptocurrency will be used the most, and target that sector. Beyond that, the daunting technological and logistical hurdles are far from attractive regarding adoption. For the companies who tackle these issues well, they find themselves well-rewarded by…

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Blockstream Files Patent Application for Sidechain Technology

Category: Business, News, Tech

Blockstream Files Patent Application for Sidechain Technology

Use patents to fight patents; Blockstream has announced a defensive patent strategy, whereby the recently published Sidechains patent application should only become a risk for those who want to patent the technology itself. Nonetheless, the disclosure of the filing raised some discussions about patents and blockchains. The US Patent and Trademark Office (USPTO) published a patent application on November 10,…

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