RBC Registers A Patent For Blockchain-Based Platform


RBC

On March 15, 2018, the Royal Bank of Canada (RBC), “one of Canada’s biggest banks, and one of the largest in the world based on market capitalization” according to their website, took a step forward in terms of technological advances, after filing a patent before the US Patent & Trademark Office in which they explain their project for a credit score platform using blockchain technology.

Previously, other major players in the financial services sector had already expressed their intention to use Blockchains to speed up their commercial transactions. Many of them through the implementation of third …

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