Uspto news-Page 2
US Software Giant Intuit Awarded Patent for Processing Bitcoin Payments via SMS
U.S. software company Intuit has been awarded a patent for processing Bitcoin (BTC) payments via text message (SMS), according to a filing published by the U.S. Patent and Trademark Office (USPTO) August 7. The patent, which outlines a system through which users can transfer BTC funds via sending an SMS on their cellphones, was originally filed in 2014, the same year that Intuit’s DIY tax solution QuickBooks partnered with BitPay to create a PayByCoin service for business clients to pay their invoices in BTC. As the patent outlines: “The invention [...] includes receiving, by a payment service from a payer …
Adoption / Aug. 9, 2018