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The question about how serious big banks and Wall Street are getting about bitcoin and blockchain and if they should is somewhat of a debate in the financial ecosystem.But Bank of America just made a move that shows it getting a bit more serious about the digital currency that got a long rap sheet for not always being o <a href=https://www.stanleycups.cz>stanley quencher</a> n the right side of the law. Bank of America, of course, is looking at how the technology 鈥?the blockchain aspect 鈥?could innovate the fund transfer process.A recently filed patent from Bank of America, described as being a 8220 ystem and method for wire transfers using cryptocurrency, gives a bit more insight as to why and how cryptocurrency聽could be a game-changer for the industry.According to the patent application filed Sept. 17: A system includes <a href=https://www.stanleycup.pl>stanley kubek</a> a memory and a processor. Th <a href=https://www.cups-stanley.fr>stanley cup</a> e processor is coupled to the memory and causes the system to receive an electronic request for a fund transfer and initiate a debit of a first amount of a first currency from a customer account.In response to determining using cryptocurrency is optimal, the processor can transfer the first amount of the first currency into an account associated with a first cryptocurrency exchange and initiate the purchase of a first quantity of a cryptocurrency from the first cryptocurrency exchange. The processor can transfer the first quantity of the cryptocurrency to a second cryptocurrency exchange and initiate the sale of the first quantity of the
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The question about how serious big banks and Wall Street are getting about bitcoin and blockchain and if they should is somewhat of a debate in the financial ecosystem.But Bank of America just made a move that shows it getting a bit more serious about the digital currency that got a long rap sheet for not always being o <a href=https://www.stanleycups.cz>stanley quencher</a> n the right side of the law. Bank of America, of course, is looking at how the technology 鈥?the blockchain aspect 鈥?could innovate the fund transfer process.A recently filed patent from Bank of America, described as being a 8220 ystem and method for wire transfers using cryptocurrency, gives a bit more insight as to why and how cryptocurrency聽could be a game-changer for the industry.According to the patent application filed Sept. 17: A system includes <a href=https://www.stanleycup.pl>stanley kubek</a> a memory and a processor. Th <a href=https://www.cups-stanley.fr>stanley cup</a> e processor is coupled to the memory and causes the system to receive an electronic request for a fund transfer and initiate a debit of a first amount of a first currency from a customer account.In response to determining using cryptocurrency is optimal, the processor can transfer the first amount of the first currency into an account associated with a first cryptocurrency exchange and initiate the purchase of a first quantity of a cryptocurrency from the first cryptocurrency exchange. The processor can transfer the first quantity of the cryptocurrency to a second cryptocurrency exchange and initiate the sale of the first quantity of the
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