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Tag Archives: Standing

Bank of America Reveals Blockchain Patent for External Data Validation, Cites Need for ‘Accurate Indication’ of Financial Standing

Bank of America (BoA) has filed a patent for a blockchain-based system allowing the external validation of data, according to a United States Patent and Trademark Office (USPTO) patent filing released July 17. BoA’s patent filing proposes using blockchain for tracking resource information and confirming resource transfers, noting that “A need currently exists for providing a more accurate indication of ...

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Are We Standing At the Top of a Bitcoin Bubble?

Bitcoin has gained significant price appreciation last year with few shortfalls, hitting the peak of $19,343 in mid-Dec. However, bitcoin price started tumbling since then and fell to around $12,000 level at the end of the last year. It is currently trading just below $14,000. The price of bitcoin declined more than $2,000 compared to a month ago level, up ...

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