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bitcoin
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    HomeCrypto Finance

    PayPal applies for NFT market patent for on- or off-chain asset buying and selling

    Crypto Finance
    admin
    By admin
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    Latest News

    PayPal (NASDAQ:) made main progress towards creating its personal blockchain ecosystem by submitting a patent utility for a nonfungible token (NFT) buy and switch system. The appliance, filed in March and revealed Sept. 21, describes a method of finishing up transactions with NFTs, each on- and off-chain.

    The patent utility, which remains to be pending, describes a system the place customers can purchase and promote NFTs via a third-party service supplier. That supplier shouldn’t be specified, although is talked about within the textual content.

    Schematic of an off-chain NFT commerce, as proposed by PayPal. Supply: USPTO

    Proceed Studying on Coin Telegraph

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