The race to file blockchain patents has accelerated lately with one specific firm, Nchain Holdings, attempting to capture hundreds of distributed ledger-related patents. According to reports, self-proclaimed Satoshi – Craig Wright – and his Nchain business claim to have filed 666 patent applications to date, capturing a gigantic portfolio of intellectual property. Also Read: Jeff […]
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WIPO, the World Intellectual Property Organization, has received a new patent application, owned by the MoneyToken project, as announced on the MoneyToken blog.
The application describes a blockchain-based technology process of decentralized lending, secured by cryptocurrency assets as collateral, that doesn’t require vouching agents and that uses smart contracts and multi-signature wallets within the crediting process.
The post PR: Money Token Applies for Royalty-Free Patent on Crypto-Backed Lending Technology appeared first on Bitcoin News.
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