Bank Capital One filed a patent application for user authentication using the blockchain




In the banking sector continues to grow legitimization blockchain. It is reported that Capital One filed a patent application to potentially develop a blockchain system that will test these new data with the security considerations.

Capital One is a Bank holding company specializing in credit cards and Bank loans. According to documents published this week, the company filed a patent application entitled “Systems and methods for Blockchain user authentication”. The patent was filed in Virginia, USA, and Jonathan Weimer and Ryan Fox was listed as the inventors of the authentication system.

In the abstract of the patent more details on the project, which States that implemented methods and systems are provided for authentication, the blockchain, and lists potential applications custom systems that will include messages indicating that the root system is successfully authenticated user.

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