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Bank of America’s Job Posting Hints It Hired a Dedicated Ripple Specialist

News The United States’ second largest bank appears to have hired a specialist for an implementation of blockchain-based payment network Ripple. Bank seeks Ripple team leadAccording to a job description on professional social network LinkedIn, as of Oct. 10, Bank of America (BoA) had stopped accep..

Bank of America Joins R3’s Marco Polo Blockchain Global Trade Network

News Bank of America has joined R3’s Corda-powered Marco Polo Network “to tackle trade finance challenges.” “Tackle trade finance challenges”On Sept. 19, Marco Polo announced the multinational investment bank was joining its network to improve international trade inefficiencies and deliver a bette..

Bank of America Files Patent for Multi-Tiered Digital Currency Wallet

News United States-based investment banking company Bank of America (BofA) has filed a patent for a digital currency wallet with multiple layers of asset access. The proposed wallet would accept different passwords for different amounts of funds requested. The United States Patent and Trademark O..

Goldman-Backed Apple Card Restricts Cryptocurrency Purchases

Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward cryptocurrencies and ot..

Bank of America’s Blockchain Foray: Patent Trolling or Hedging Risks?

Analysis Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled “Real-Time Net Settlement by Distributed Ledger System” and citing the Ripple blockchain,..

Bank of America Files Patent for Settlement System Citing Ripple

News Bank of America has filed for a patent for a settlement system citing the Ripple ledger, according to a filing on Google Patents. The patent in question — the application of which was published on June 6 — describes a system using distributed ledger technology (DLT) as an interbank communicat..

Number of IBM Blockchain Patents Surge 300% In One Year

The number of blockchain patents that IBM owns has surged by as much as 300% in a little less than a year. With other major corporations getting seriously involved in the industry, this goes on to show that the interest in the field is steadily increasing. IBM Dominates Blockchain Patent Ownership..

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