Bank of America has filed for another blockchain patent. The bank has become one of the top filers for these patents, and the latest one is for the development of a secure, blockchain-based cryptocurrency storage system.

The “Block Chain Encryption Tags” the Charlotte, N.C., bank wants to patent secures enterprise crypto transactions with encryption and data unit links on blocks of a particular blockchain, Cointelegraph reported. “In short, the invention offers a system of data security for blockchain networks by implementing encryption and linking data units to the blocks of a certain blockchain.” Read more here.
ThirtyK Staff
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