Home / Bitcoin / PR: Money Token Applies for Royalty-Free Patent on Crypto-Backed Lending Technology

PR: Money Token Applies for Royalty-Free Patent on Crypto-Backed Lending Technology

Money Token Applies for Patent on Crypto-Backed Lending Technology

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WIPO, the World Intellectual Property Organization, has won a brand new patent software, owned via the MoneyToken challenge, as introduced on the MoneyToken weblog.

The software describes a blockchain-based expertise means of decentralized lending, secured via cryptocurrency property as collateral, that doesn’t require vouching brokers and that makes use of sensible contracts and multi-signature wallets throughout the crediting procedure.

The premise is simple: By taking a cryptocurrency-backed mortgage with MoneyToken, customers can obtain liquid price range and cling their crypto property all on the similar time.

To acquire get entry to to the MoneyToken Private Sale, all customers must sign up for the MoneyToken Whitelist.

Founders feedback on the patent:

Contact Email Address
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