The Bank of the United States Patent and Trademark Office to apply digital currency transfer patent
The US bank has formally to the United States Patent and Trademark Office to apply for a digital virtual currency transfer patent.
According to the description, the patent is a system of account funds sent via digital technology of virtual currency, but similar “blockchain words” or “blockchain” correlation does not appear in the patent description.
The ThomasEdwardDurbin and JamesGregoryRonca joint patent in the patent application opening said:
With the advancement of technology, international trade becomes more and more popular, enterprises have to handle large amount of foreign transfer application. For some special customers, enterprises need to be in a very short period of time will be remitted abroad.”
The application of the patent abstract mentioned bitcoin, Wright coins, coins and corrugated laboratory dogs.
In fact, in addition to the Bank of the United States, and other organizations have had the same idea, Factom company and BITX company is one of the representatives.
BITX company wrote in a blog:
The transfer inefficiency is a name, often need a lot of days. The cause of the low efficiency is the paper check. The introduction of digital virtual currency and wire technology will change the existing transfer market, and then change the world of finance.”