philip lelyveld The world of entertainment technology

16Apr/18Off

From blockchain to augmented reality, Canada’s big banks aim to patent the future of finance

bankGetting updates on your bank account in augmented reality. Credit scores built on blockchain. Payment requests that involve scanning would-be recipients with facial recognition technology.

But with patenting, there is no guarantee that an idea will come to fruition. Death also said that there is never a “silver-bullet patent,” and that it is “clusters and groups” of patents that show where an organization may be focused.

According to the United States Patent and Trademark Office’s website, its backlog of yet-to-be-examined patent applications was 540,677 filings long as of February.

See the full story here: http://business.financialpost.com/news/fp-street/from-blockchain-to-augmented-reality-canadas-big-banks-aim-to-patent-the-future-of-finance

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