Count JPMorgan Chase among the financial institutions applying for blockchain-related patents this week.
JPMorgan has filed a patent for a system that uses blockchain for the management of virtual receipts backed by assets or bonds, according to the U.S. Patent and Trademark Office.
JPMorgan has filed other patents. Cointelegraph reported the bank filed a patent this spring for intrabank and interbank settlements based on blockchain technology. Read more here.