In addition to 15 previously filed blockchain-related patents, Bank of America is now reportedly drafting up another 20 patents that will be submitted to the US Patents and Trademark Office (USPTO) later this month.
While numerous reports from regulators, settling houses and even governments talk up the potential of Bitcoin’s underlying technology – the blockchain, Bank of America (BOA) is trying to get ahead in the blockchain space as one of the few big financial institutions actively filing patents related to crypto technology.
Speaking to CNBC, a spokesperson for the bank revealed that BOA is “currently in the process” of drafting 20 patent applications that are to be submitted to the USPTO later this month.
https://www.cryptocoinsnews.com/bank-of-america-20-more-cryptocurrency-blockchain-patents/
