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Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

From coindesk.com

Bank of America is seeking to patent a “partitioned” security system for digital currency wallets that gives different users different levels of access to the stored funds. The second-largest U.S. bank, based in Charlotte, N.C., filed an application entitled “Multi-Tiered Digital Wallet Security” with the United States Patent and Trademark Office (USPTO) in February 2018. The USPTO published the application last week and lists Manu Kurian, senior tech manager at the bank, as the inventor. The application describes the handling of digital currency with a multi-tiered wallet interface in a decentralized peer-to-peer ... (full story)

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  • Category: Fundamental Analysis