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eBay has filed two cryptocurrency-related patent applications

Multinational e-commerce giant eBay has filed two cryptocurrency-related patent applications.

Published by the US Patent and Trademark Office (USPTO) last week, the applications were both submitted on 18th April last year. According to the filings, eBay  wants to patent a "distributed cryptocurrency unauthorised transfer monitoring system" and a "distributed cryptocurrency reputation system".

Ebay's filings come after the USPTO published Coinbase's applications for nine bitcoin-related products and 21 Inc's filing for a digital currency mining circuitry patent. Speculation about eBay's possible involvement in crypto has been rife in recent years, with John Donahoe, CEO at the time, hinting at bitcoin integration for PayPal.

Again, more and more evidence that this market is about to explode, all the giant e-commerce companies are coming aboard in one way or another, they have no choice, block-chain technology is the future!

Last modified on October 28, 2015
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JAVC Enterprise

Headquartered in Margate, Florida, JAVC Enterprise Corp (JAVC) is the creator of the Java Coin, a cryptocurrency (a form of digital money). While maintaining privacy of customers, JAVC utilizes proprietary techniques to verify ownership of coin holders, secure and monitor transactions, trace and track identities of senders and receivers, maintain all record keeping efforts, protect coins from theft, maintain liquidity and stabilize value of the cryptocurrency.

Website: www.javcenterprisecorp.com/