BANK OF AMERICA FILES PATENT FOR CRYPTOCURRENCY CUSTODY SYSTEM DESIGNED FOR INSTITUTIONS

in #cryptocurrency6 years ago

Bank of America the second largest bank of India has filed with united states patent and trade mark office which provides you a secure way to store cryptocurrency.bank.jpg
They named it as "Block Chain Encryption Tags," it describes a system that run with a processor which is configure to receive a set of data and to obtain a encryption key for money.
The processor is set to encrypt the data using encryption key in the first block for the block chain then he generates first set of encrypted data element within the first block.
Bank of America is trying to keep the cryptocurrency safe.
what do you think about it? Tell me in the comment section.

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