The Race for Accessible Cryptocurrency
Just one week after PayPal announced it would open its platform to cryptocurrency, Coinbase and Visa have announced a cryptocurrency debit card that is linked directly to a Coinbase account, eliminating the need to load crypto onto the…
Why is Bitcoin surging? PayPal. And we have the paper trail that predicted it.
What an incredible month it's been for Bitcoin - it has risen to its highest valuation for the year 2020. It started with Square investing $50 million. Then, Fidelity launched its first fund focused on Bitcoin. However, it was today's news…
All Aboard the Blockchain Train
Blockchain technology can be applied to almost any industry young and old. The Blockchain in Transport Alliance (BiTA) is a partnership dedicated to standardizing and promoting the use of blockchain in various transportation systems. BiTA…
Visa Brings Ternio Onto the Fast Track
In 2019, financial services giant Visa launched the Fast Track program in the U.S. to allow blockchain and cryptocurrency companies to integrate easily into Visa's banking and payment systems. The program includes collaboration with other…
Protect Your Hotel Reservation with Blockchain and Smart Locks
German smart lock company slock.it filed a patent application in April of 2020 for a smart lock system that uses blockchain records and smart contract execution to verify a user and allow access into a room. Specifically, the system uses…
Blockchain Makes for a Safe Bet
This week, patent applications from two different companies describing the use of cryptocurrency and blockchain technologies for gambling systems published after being filed within a week of each other back in June of 2020. Uplay1 focuses…
More Friends, More Crypto
The Universal Group, a South Korean cryptocurrency company, has filed a patent teaching a method rewarding users for recommending friends to join a cryptocurrency platform through social media. The reward is, of course, in the…
Square Launches Cryptocurrency Patent Alliance
Mobile payment company Square announced recently that it was starting the Cryptocurrency Open Patent Alliance (COPA), a non-profit that encourages companies to pool their cryptocurrency patents into an open-source, shared library. Joining…
CoinLinked Publishes First Patent Application
CoinLinked is a hybrid social network and cryptocurrency platform that launched in May of 2020 as the first of its kind. The platform streamlines the e-commerce process by allowing users to pay for goods from any vendor in popular…
Encouraging Recycling with Bitcoin Mining
Financial services giant Mastercard has recently filed a patent teaching a method of distributing blockchain mining tasks and fees based on a mining center's history of recycling. Recycling can include glass, paper, and plastic — typical…
Protecting Rentals with Blockchain
Two patents applications were published this week dealing with different aspects of property rentals: The first application, filed by startup Rentberry, teaches a method for crowdsourcing information about a rental property, its landlords,…
Would You Trust Blockchain with Trade Secrets?
British risk-mitigation services provider Aon filed a number of patents in 2019 that were recently published teaching a "trade secret registry" that uses blockchain to allow users to monitor and insure their intellectual property without…
Using Blockchain to Secure the Next Election
The United States Postal Service (USPS) filed a patent application in February of 2020 for a secure voting system that uses a blockchain to encrypt and track electronic ballots. The patent teaches a method of using a mobile device to scan…
Protect Your Patent with Blockchain?
Filing and protecting a patent can be a difficult task. In addition to traversing the USPTO prosecution process, inventors may also have to deal with competitors and non-practicing entities (NPEs) threatening their intellectual property…
Track Your Packages With Blockchain
United Parcel Service recently filed a patent application teaching blockchain-based ledgers for shipping and tracking packages. The patent is UPS' second in the cryptocurrency sector, filed over a year after their first. The claims cover…
Rolls-Royce Moves into Blockchain
Classic car and engine manufacturer Rolls-Royce filed two patent applications at the end of 2019 for the use of blockchain to control engines, specifically for aviation. The documents, which were recently published, teach blockchain-based…
Blockchain Hits the Sneakerhead Community
Sports giant Nike has filed a patent application for a blockchain-based system that uses digital assets as representations for designs or footwear and apparel products in an effort to prevent counterfeiting and illegal sales. Buyers and…
Blockchain… or Barkchain?
Tailtrax, the creator of an app that helps dog owners and healthcare providers keep track of their pets' family history and medical records, is moving to incorporate blockchain technology into their record system. The company's most…
Mining Crytopcurrency Out at Sea
The large amount of energy required for intense computational work such as cryptocurrency mining is an ongoing issue, and liquid cooling is one solution that's been explored since the early days of PC development. But what if instead of…
Alibaba’s Barrage of Blockchain Patent Applications
Chinese tech company Alibaba filed 19 patent applications for blockchain-based technologies during the week of January 27, 2020 that are now published and available on Magic Number's Cryptocurrency patent radian. Most of the documents are…
CipherTrace is using Cryptocurrency to Detect Malware and Ransomware
CipherTrace, founded in 2015, develops cryptocurrency anti-money laundering, cryptocurrency forensics, and blockchain threat intelligence solutions. CipherTrace has just had a new patent application publish, focusing on using…
IBM has a Solution to the Current Server Structure Bottlenecking Online Gaming
A new patent application publication from IBM sheds some light on a potential solution to the latency issues faced by modern online gaming. Traditional approaches rely on predictive physics models, performing some of the physics-based…
Ford is Rewarding Safe Driving with Cryptocurrency
Ford Motor Company's latest patent application publication relates to a system that rewards drivers by detecting and analyzing driving behavior. The system is able to function across a variety of vehicles, from standard cars and SUVs to…
8 Bit Development is Bringing the Game to You
With stay-at-home orders in place, many of us are turning to one particular medium for entertainment: video games and virtual entertainment. Since quarantine policies went into effect, video game usage has risen by 75%, in addition to a…
Managing an Entire Student Academic Life Cycle with a Blockchain Network
Oracle's most recent patent application publication relates to generating and maintaining a student academic ledger using a blockchain network. By constructing a student ledger, the system is able to include any and all academic updates a…
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