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MasterCard gets new Patent for Bitcoin Transactions on Credit Cards
News

MasterCard gets new Patent for Bitcoin Transactions on Credit Cards

MasterCard won a patent that would protect a method to manage ‘fractional reserves of blockchain currency’. According to Seth Eisen, Mastercard's senior vice president for communications, currently, MasterCard users can only pay using currency that has been declared as legal tender by the government. In the document with the U.S....
Three new Blockchain Patents Issued to Nchain Group
Blockchain

Three new Blockchain Patents Issued to Nchain Group

Nchain, a blockchain technology, and development firm is issued with three new patents by the European Patent Office. The company’s latest intellectual property invented by Nchain’s chief scientist, Dr. Craig Wright, cover “digital rights management using blockchain.” Digital rights management allows creators of digital content the ability to ensure that...
ICBC Looking Towards Adopting Blockchain Technology
News

ICBC Looking Towards Adopting Blockchain Technology

ICBC (the Industrial and Commercial Bank of China ) which is currently one of the world's largest bank is looking towards adopting blockchain Technology to speed up the processing time of transactions. The patent was published on 6th July and it was filled earlier this year.  As described in the document, the...
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