For JP Morgan File Patent: - "Blockchain-powered P2P payment between banks"

in busy •  7 years ago 

This application describes the lack of these traditional bank disposal systems currently for the border across the payment process. This network will use distributed account technology such as Blockchain for Intra and this is an inter-bank settlement.

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This JP Morgan Chase & Company has outlined a peer-to-peer payment network on patent application filed with the US Patent and Trademark Office on May 3. Copy this true 'golden' audit trail without relying on a trusted third party.

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image source https://pixabay.com

Instead it is proposed to use a distributed account in JP Morgan's patent application. For example, blockchain has to be processed in real-time payments.

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