Tag Archives: Bank of America

Bank Of America Is Delving in The DLT And Crypto Industry, What Is The Impact?

Bank of America is anticipated to play a big role in the Cryptocurrency industry in the short term. In 2014, the award-winning bank filed for a patent right to store Digital Tokens for institutions. On November 13, 2018, the United States Patent and Trademark Office issued a go-ahead for the bank to roll out its […]

Bank Of America Poised To Store Cryptocurrencies For High-End Clients

Under the leadership of Brian T. Moynihan who is the chairman and CEO of the Bank of America, there has been a tremendous application of patents with the United States Patent and Trademark Office. One of these patents protects the concept by the Bank of America to develop a Cryptocurrency aggregation system. Under this new […]

Bank of America Secures A Patent For Cryptographic Keys Storage Device

The U.S. Patent and Trademark Office has awarded the Bank of America (BoA) a patent for a Cryptographic keys storage device. The device has been described as a “hardened storage device” that is deemed to be at par with what Blockchain platforms such as Ethereum and Bitcoin offer. There are possibilities that the new technology […]