US bank wants 'Bitcoin-like' scheme - BBC News

Crypto Weekly Recap for the week ending July 20 - Enjoy

Developments in Financial Services


General News

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WE ARE BEING MANIPULATED! REAL REASON FOR MATIC DUMP! NIKE / ETHEREUM PATENT! NEW VECHAIN PARTNER! New To Bitcoin? Welcome! Here’s How To Take Those First Steps PayPal Files For Blockchain Patent - (PayPal Likes Cryptocurrency Now?) ALTCOIN REVIVAL! - $400k BITCOIN REALISTIC: HERE'S WHY! - RIPPLE BACKED WALLET TO SERVE JPMORGAN! Crypto News - YouTube

US bank JP Morgan Chase has filed for a patent in the US to develop a payment system using "virtual cash", similar to the emerging online currency, Bitcoin. JP Morgan said that, like Bitcoin, the ... The International Business Times reports that JP Morgan’s long-rumored bitcoin clone, informally dubbed “web cash,” has once again been denied a U.S. patent.The system, described as a “method and system for processing internet payments using the electronic funds transfer network,” was originally submitted for patent consideration in August of last year. Patent Not Possible for Bitcoin. The bad news is Bitcoin cannot be patented. Satoshi Nakamoto is said to be the name adopted by an unidentified individual or individuals who designed this virtual currency and built its initial reference implementation. It was called the Bitcoin Core. Nakamoto invented the protocol and published a white paper ... JPMorgan’s patent application (which was updated from a 1999 version) says that its new payment system will compete with with credit and debit cards for online transactions. It mimics a few features from BitCoin: JPMorgan’s system involves creating “virtual cash” that will sit in an online wallet. Each transaction will be saved in a public record of transactions, similar to Bitcoin’s ... Another feature of JPMorgan’s patented digital wallet is the security it provides to online shoppers, who will be able to store virtual money into accounts, which, like bitcoin, is secured through cryptography, thus guaranteeing no breaches of security in the transaction between consumer and manufacturer.

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JP Morgan says #Bitcoin to $1,260! Why that’s probably NOT likely and the ONE catalyst that has the potential to spark widespread adoption. Weiss rating’s pr... Did you hear about the bankster who said cryptocurrency was a waste of time? His "Bitcoin alternative" patent was rejected 175 times! Full story: https://dol... Like this video? Sign in to make your opinion count. Sign in. 5 0. Don't like this video? ... BITCOIN WHALE Population Near 2017 Levels & Capital One Bank Crypto Patent - Duration: 12:45. Thinking ... PayPal Files For Blockchain Patent - (PayPal Likes Cryptocurrency Now?) PayPal has been known to present hurdles and challenges for many vendors and customers dealing with Crypto. Things seem to ... Why the #Bitcoin bottom doesn’t matter! JP Morgan just made it’s own JPM Coin. Should XRP be worried? Nasdaq to introduce BLX and RLX, more Quadriga updates, XRP “centralization” argument ...