Is This Bank's Blockchain-Powered Crypto Wallet a Game Changer?

By CCN Markets: Bank of America (BofA) continues its steady creep into the crypto world, filing another blockchain-related patent application. This new one is particularly interesting because it’s for a crypto wallet. CCN discussed the move with several crypto players. Here’s what they had to say. Is BofA’s move game-changing? BofA’s latest crypto-related patent application […] The post Is This Bank's Blockchain-Powered Crypto Wallet a Game Changer? appeared first on CCN Markets

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Bank of America Thinks Blockchain Could be a $7 Billion Market

Bank of America research analysts have predicted that blockchain technology could represent a multi-billion dollar industry down the road, and be of particular benefit for leading companies like Amazon and Microsoft. BoA: Many Can Benefit From Blockchain The analysts predicted the total addressable blockchain market would eventually hit $7 billion, but there was not a particular The post Bank of America Thinks Blockchain Could be a $7 Billion Market appeared first on CCN

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Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model

The post Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model appeared first on CCN Bank of America, one of the world’s largest financial institutions, admitted in an annual report that cryptocurrencies are a threat to its business model. The report, which was dated Feb. 22 and filed with the US Securities and Exchange Commission (SEC), listed a range of economic, geopolitical, and operational risks that the Charlotte, NC-based bank The post Bank of America Admits Cryptocurrencies Are a Threat to Its Business Model appeared first on…

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