Capital One, has recorded a patent application

Capital One Files Patent For Blockchain-based User Authentication

Cryptocurrency Blockchain

Capital One, has recorded a patent application

Capital One, has recorded a patent application for the execution of blockchain innovation in client validation.

The American bank holding partnership documented this patent as of late, as indicated by a distribution discharged by the USPTO on Thursday, August 16.

The distributed reports uncovered that this most recent request is a proceeded of a patent application that the organization had submitted to the USPTO

USPTO added that as per the documenting, recording of clients' close to home information in blockchain will make it feasible for individuals from the validation framework to get client ID information from a database once they make utilization of the verification data.

This isn't the first occasion when that Capital One is entering the Blockchain world. The organization, two years back, joined forces with LA-based blockchain organization Gem.

The couple chipped away at a framework that would take care of the issue of wellbeing suppliers' long hold up of getting paid by insurance agencies.

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