JPMorgan Tries To Patent Payment System Similar To Bitcoin

Michelle deBoer-Jones

Published onDecember 10, 2013

Updated on May 13, 2021

JPMorgan Chase & Co. (NYSE:JPM) has filed a patent for a system which sounds an awful lot like bitcoin, according to Tracy Alloway of Financial Times. The patent is for a computerized payment system which enables users to make electronic payments anonymously over the Internet. The filing with the U.S. Patent and Trademark Office was made public late last month but filed in August

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Michelle deBoer-Jones

Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.

JPMorgan Tries To Patent Payment System Similar To Bitcoin

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