Friday, December 13, 2013

JPMorgan files patent for Bitcoin-style payment system - FT.com

The JP Morgan Chase & Co. headquarters is pictured in New York


JPMorgan Chase has filed a US patent application for a computerised payment system that resembles some aspects of Bitcoin, the controversial virtual currency.

Like Bitcoin, JPMorgan’s proposed system would allow people to make anonymous, electronic payments over the internet, without having to reveal their name or account numbers or pay a fee, according to the patent application

Read on:
JPMorgan files patent for Bitcoin-style payment system - FT.com

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