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Title: MasterCard Files Bitcoin Patent Application with USPTO Post by: row5_seat47 on July 01, 2014, 11:41:18 AM On June 19th, 2014, the United States Patent and Trademark Office (USPTO) published Mastercard International Incorporated’s patent application 20140172633 (13/829421), “Payment Interchange For Use With Global Shopping Cart.” The application was filed with USPTO on March 14th, 2013. ...
via http://letstalkbitcoin.com/blog/post/mastercardfilesbitcoinpatent Title: Re: MasterCard Files Bitcoin Patent Application with USPTO Post by: cbeast on July 01, 2014, 01:29:50 PM Given the irreversibility of Bitcoin, I am surprised that MC wants to be exposed to them. Interestingly, I don't see them including coinage, though barter is also confusing. They currently honor chargeback claims. Will they stop doing so? If a payment is a combination of credit, barter, and bitcoins, how would they handle a chargeback claim? This is a perplexing financial device they are building.
Title: Re: MasterCard Files Bitcoin Patent Application with USPTO Post by: LostDutchman on July 02, 2014, 06:04:06 PM I'll bet that one of the requirements will be access to you wallet or at least a special wallet set up to ensure refundability of transactions which have gone sour.
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