Top Gambling Firm IGT Obtains US Patent for a System to Enable Customers to F...
A gambling tech giant received the green light from the U.S. Patent and Trademark Office (USPTO) to start offering cryptocurrency payment options to their users. The company is known for manufacturing slot gambling machines. Gamblers Could Also Transfer Crypto From Their Wallets to the Casino’s Ones Per records from the USPTO, International Game Technology (IGT) received the patent that allows gamblers to pay their pets via bitcoin (BTC), ethereum (ETH), and bitcoin cash (BCH). As described in the patent’s filings, IGT’s system will consist of the following: A system that....
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Many gamblers may no longer need to use Bitcoin ATMs in casinos, as they could transfer their crypto directly to casino gaming accounts. The largest manufacturer of slot machines in the world has just received a patent that would allow customers to access crypto payments for gambling.According to records from the United States Patent and Trademark Office, International Game Technology, or IGT, received a patent today for a system that would enable gamblers to transfer crypto from their accounts into a “gaming establishment account.” The patent filing shows payments in Bitcoin (BTC),....
In an attempt to patent the term ‘Bitcoin’ in Russia, a Moscow-based firm called M-Group filed an application at the Russian patent office. The application was duly rejected. Rospatent, the Russian patent agency has recently confirmed the rejection of an application by a Moscow-based firm which filed a patent request to trademark ‘Bitcoin.’ According to local publication Rapsinews, the firm, known as “M-Group” requested the patent agency to trademark the term bitcoin in relation to the 36th and the 38th International Classification of Goods and Services for Finance and Telecommunications,....
The US Patent & Trademark Office (USPTO) has published a patent filed by US financial services giant Bank of America that seeks to protect a system for wire transfers using cryptocurrency technology. The patent, filed on 17th March, 2014, and published 17th September, seeks to protect a system by which electronic funds could be sent between customer accounts using the underlying blockchain of a given cryptocurrency as the rails for payment. The system described, for example, would enable customer funds to be converted at a cryptocurrency exchange and then sent to a second cryptocurrency....
The Bank of America Tower in New York City. Bank of America has filed a patent with the US Patent & Trademark Office (USPTO) for a system of wire transfers using cryptocurrency. Published 17th September, the patent describes a system in which funds are sent between accounts using cryptocurrency technology. The word "blockchain" or "block chain" does not appear in the patent. Thomas Edward Durbin and James Gregory Ronca, authors of the filing, state: "Enterprises handle a large number of foreign wire transfer requests on a daily basis. As technology advances, foreign transactions have....
The US Patent & Trademark Office (USPTO) published 10 patent applications yesterday that were filed by Bank of America in June of last year. The list of proposals includes a "real-time conversion system", a "cryptocurrency transaction payment system" and a "cryptocurrency suspicious user alert system". Patent applications for offline storage, "risk detection" and transaction validation were also published, among others. To date, Bank of America has submitted 11 patent applications related to cryptocurrencies, suggesting that the firm may be looking to build, or at least conceptualize, a....