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Bank of America intends to patent multi-level digital wallet

Bank of America, the second largest financial institution in the United States, is patenting a multi-level digital wallet security system. The corresponding application was filed in February 2018 and published by the US Patent and Trademark Office last week. The document describes the principle of creating a multi-level interface for a cryptocurrency wallet in a decentralized peer-to-peer network. By entering one of several correct […]

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Bank of America, the second largest financial institution in the United States, is patenting a multi-level digital wallet security system. The corresponding application was filed in February 2018 and published by the US Patent and Trademark Office last week.

The document describes the principle of creating a multi-level interface for a cryptocurrency wallet in a decentralized peer-to-peer network.

By entering one of several correct passwords, users will be able to access a particular wallet level.

“Through the digital wallet interface, a user of a computing device can divide assets in digital currencies into several elements. Each of these elements can be password protected and provides access only to the amount of digital currency that the user defines, ”the document says.

According to the authors of the application, the need for an improved infrastructure of digital wallets is explained by the fact that private keys can be easily lost, and third parties do not allow users to get full control over cryptocurrency assets.

In general, the principle of the system is in many ways similar to the functioning of bitcoin wallets with the multi-signature function.

Note that to date, Bank of America has already patented 36 developments in the field of blockchain. Another 31 applications are pending.

So, in December 2018, a bank application for the creation of an improved blockchain-based cash processing system was published.

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ARK Invest Deshace Acciones de Coinbase y GBTC por Millones en Medio del Auge del Mercado

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ARK Invest: $33 Millones en Acciones de Coinbase y $5.9 Millones en GBTC

ARK Invest, liderada por Cathie Wood, continúa navegando sus movimientos estratégicos de acciones en el mercado, realizando ventas destacadas de acciones de Coinbase y Grayscale Bitcoin Trust (GBTC) en medio del continuo aumento de los precios del mercado.

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El Descuento de GBTC se Reduce a Medida que Aumenta el Precio de Bitcoin

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El Descuento de GBTC se Reduce a Medida que Aumenta el Precio de Bitcoin

Grayscale Bitcoin Trust (GBTC), uno de los vehículos de inversión en criptomonedas más grandes y populares, ha visto su descuento reducirse significativamente en los últimos días a medida que los alcistas continúan elevando su precio. Según datos de Kaiko, una plataforma de inteligencia blockchain, el descuento del GBTC, que mide la diferencia entre el precio de mercado y el valor liquidativo (NAV) del fideicomiso, está en su nivel más estrecho en años, con solo el 8% hasta ayer. (más…)

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IBM Presenta OSO, Diseñada Para el Almacenamiento en Frío de Activos Digitales

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IBM presentó una nueva tecnología denominada «IBM Hyper Protect Offline Signing Orchestrator» (OSO), diseñada para gestionar activos digitales en almacenamiento en frío. Esta innovación surge como respuesta a los riesgos asociados con los procedimientos manuales y tiene como objetivo mantener los activos a una distancia segura de las conexiones a Internet. (más…)

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