Big Banks Get Into Blockchain Data Systems

According to a recently-published patent filing, Bank of America has, since October of 2016, been pursuing a patent on a blockchain-based data storage system. This system would use blockchain's authentication capabilities to store data securely while providing access only to authorized users. As described by the patent brief, the data…

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Research Suggests Blockchain Can be Applied to Elections, Product Reviews and Fraud Prevention

Does decentralization influence the economy? This controversial topic has elicited discussions with online communities as well as different media outlets. Why? Decentralization has been successful for Bitcoin and its ups and down throughout 2017. Payment processing machines are worried their traditions will be overthrown. These companies have enjoyed monopolies and…

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