JP Morgan Has Its Eye On Bitcoin

Crypto Weekly Recap for the week ending July 20 - Enjoy

Developments in Financial Services


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New To Bitcoin? Welcome! Here’s How To Take Those First Steps Bitcoin to $1,260 or FUD?!? Could this Bitcoin Catalyst Spark the Next Bull Run?!? Why the Bitcoin Bottom Does NOT Matter! JP Morgan CRYPTO?! Should $XRP be Worried?!? LX Indices ALTCOIN REVIVAL! - $400k BITCOIN REALISTIC: HERE'S WHY! - RIPPLE BACKED WALLET TO SERVE JPMORGAN! WE ARE BEING MANIPULATED! REAL REASON FOR MATIC DUMP! NIKE / ETHEREUM PATENT! NEW VECHAIN PARTNER!

Bitcoin is a virtual currency (cryptocurrency) that has captivated technologists and investors alike who see its disruptive potential. There will only ever be 21 million Bitcoins “mined” and made, so many investors see it as an asset that will face scarcity in the future. There are some easy ways to get Bitcoin yourself and here’s some simple steps to doing it. Another feature of JPMorgan’s patented digital wallet is the security it provides to online shoppers, who will be able to store virtual money into accounts, which, like bitcoin, is secured through cryptography, thus guaranteeing no breaches of security in the transaction between consumer and manufacturer. JPMorgan has filed a patent for a system that uses blockchain for the management of virtual receipts backed by assets or bonds, according to the U.S. Patent and Trademark Office. JPMorgan has filed other patents. Cointelegraph reported the bank filed a patent this spring for intrabank and interbank settlements based on blockchain technology. JPM is imagining a future in which we’ll be using “virtual cash” to make and receive payments, and the currency itself will be secure and anonymized.This sounds a lot like Bitcoin and other ... The International Business Times reports that JP Morgan’s long-rumored bitcoin clone, informally dubbed “web cash,” has once again been denied a U.S. patent.The system, described as a “method and system for processing internet payments using the electronic funds transfer network,” was originally submitted for patent consideration in August of last year.

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New To Bitcoin? Welcome! Here’s How To Take Those First Steps

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