Bank of America is trying to load up on patents for the technology behind bitcoinBankers may not think bitcoin will ever go fully mainstream, but they clearly believe there is value in the technology that powers such cryptocurrencies, known as blockchain.
On Dec. 17, the US Patent office published 10 blockchain-related patents filed by Bank of America in July 2014. The patents haven’t been granted yet, but the filings demonstrate the bank’s interest in using blockchain technology to revamp its backend operations, which, like other financial institutions, are largely paper-based.
http://qz.com/578974/bank-of-america-is-trying-to-load-up-on-patents-for-the-technology-behind-bitcoin/
