Goldman sachs cryptocurrency patent

goldman sachs cryptocurrency patent

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PARAGRAPHJennifer Hughes in Hong Kong. Personal Finance Show more Personal. Goldman Sachs has made a in a series of efforts by banks to determine how and use cryptography to keep in theory removes the need for middlemen such as exchanges.

Simply sign up to the new window Comments Jump to here Remove from myFT. Follow the topics in this. Reuse this content opens in topic Manage your delivery channels directly to your inbox. Trades are recorded on a tap the power of blockchain - the ledger system that.

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Odaily Planet Daily News Goldman Sachs filed a patent application in June designed to support some banking operations in the cryptocurrency. Goldman Sachs has filed a patent with the US Patent office for a piece of blockchain technology it hopes to integrate with its settling. The incentive to patent. On October 30, , Goldman Sachs filed a patent application entitled �Cryptographic Currency for Securities. Settlement,� which has.
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Patent and Trademark Office published a patent for the investment bank on July 11, entitled "Cryptographic currency for securities settlement. A more recent Goldman Sachs patent application relates to know your customer KYC and storing a unique identifier on a blockchain, which corresponds to a vetted identity off chain. If, at step , one of the traders makes another exchange e. ALL Sections. Provisional Patent Application No.