Tag Archives: Patents

Mastercard Applies For New Patent for Anonymous Blockchain Transactions – A Regulated Bitcoin Tumbler?

Advertisement Mastercard, the company who have gone through the entire process of laughing, fighting, and then embracing Bitcoin (and then attacking it again), have applied for another new patent in the blockchain space. Their last one was in regards to — we’re not making this up — a fractional reserve crypto bank. They describe a novel method of… Read More »

Mastercard Patent Filing Outlines Way to Anonymize Crypto Transactions

Payments giant Mastercard claims to have developed a new way of keeping cryptocurrency transactions private. According to a patent application published Thursday by the U.S. Patent and Trademark Office, the payments giant has proposed a system of conducting transactions over a blockchain which would obfuscate both the point of origin and the amount being transacted. As explained, the system… Read More »

Russian Intellectual Property Court Trials Blockchain to Store Copyright Data

A Russian court dedicated to intellectual property cases has successfully tested a blockchain network for storing copyright data. The technology was reportedly used for the first time in the judicial area in Russia, major Russian news agency TASS writes Monday, Dec. 3. According to TASS, the court recorded a change in a group of right holders, using a… Read More »

GM Files Blockchain Patent to Manage Data from Autonomous Cars

American car manufacturing giant General Motors (GM) has filed a blockchain patent for a solution to manage data from autonomous vehicles. The patent application was published by the U.S. Patent and Trademark Office (USPTO) Nov. 29. GM’s application, first filed May 25, 2017, outlines a system for using blockchain to provide “secure” and “robust” data distribution and interoperable… Read More »

GM Patent Touts Blockchain As Data Solution for Self-Driving Cars

General Motors (GM) may be eyeing a blockchain platform to manage data from future fleets of automated cars. A patent application published Thursday by the U.S. Patent and Trademark Office details a process by which self-driving cars would be able to store all their data on a distributed ledger. The document, produced by GM Global Technology Operations LLC,… Read More »

American Tech Giant Intel Files New Patent for Energy-Efficient Bitcoin Mining

U.S. technology giant Intel has filed a new patent for “energy-efficient high-performance Bitcoin mining,” according to a U.S. Patent and Trademark Office (USPTO) filing published Nov. 27. The Intel patent is dedicated to a “hardware accelerator implementing SHA-256 hash using optimized data paths” and aims to reduce energy for Bitcoin (BTC) mining up to 15 percent, according to… Read More »

Intel Wins Patent for Energy-Efficient Bitcoin Mining

Global tech giant Intel, known for its widely-used computer processors, has won a patent connected to its work in the area of cryptocurrency mining. On Tuesday, the U.S. Patent and Trademark Office awarded the company a patent outlining a processor which claims to be able to conduct “energy-efficient high performance bitcoin mining,” specifically naming the SHA-256 algorithm used… Read More »

Amazon: How E-Commerce Giant Chose Blockchain Over Bitcoin

On November 13, Amazon was granted two crypto-related patents. While the American e-commerce pioneer, with a revenue of over $177 billion, has not chosen to accept Bitcoin (BTC) and major altcoins as a payment option despite public interest and competitors’ experience, it has not ignored the subject altogether. In fact, Amazon Web Services (AWS), the company’s cloud computing… Read More »

Bank of America Wins Patent for Storing Clients’ Crypto Holdings in Enterprise Accounts

The Bank of America (BoA) has won a patent for a system for enterprises to store customers’ crypto deposits, published by the U.S. Patent and Trademark Office (USPTO) yesterday, Nov. 13. The patent, first filed in mid-June 2014, outlines the background to the invention by stating that “as technology advances, financial transactions involving cryptocurrency have become more common,”… Read More »