🌌Crypto Corner - E13 🌌- Paypal's Patent (application)

Greetings, Crypto Nation!

Welcome to another episode of Carrie's Crypto Corner.

Today I cover...

Paypal’s Patent (application)

TL;DW (Too Long; Didn't Watch)

  • March 1, 2018 Paypal applied for a patent for an "Expedited Virtual Currency Transaction System".
  • The goal is to narrow the amount of time transactions take from merchant to consumer when using virtual currency.
  • In the proposed Patent (21 pages, linked below), they explain a secondary wallet system, each with their own unique private keys for buyers and sellers.

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