Payment services giant PayPal has applied for a patent for NFT transfer and buying and selling.
PayPal is increasing its interest in cryptocurrency and blockchain technology day by day. payment giant, in March 2022 done but 21 SeptemberAccording to a file published on , it has applied for a new patent for NFT transfer and trading.
PayPal’s pending patent application, with a third-party provider NFT buying and selling It was made for a system that allows.
According to the news provided by Blockworks, the company 2021 And 2022Different applications were also made in . Paypal’s focus areas Off-chain transactions via NFT marketplace, omniverse provides recommendations for cryptocurrencies, Layer-1 (L1) And Layer-2 (L2) between payments facilitate happened.
PayPal is a new NFT thanks to marketplace off-chain transactions enabling it to diversify and become user-oriented He attracted attention by applying for a patent.
With this omniverse Based on the concept of payment giant, the user blockchain preferences And Which metadata you interact with the most? Based on that user Which cryptocurrencies to buy? that it is necessary Suggestions He developed a system to deliver and applied for a patent for it.
Moreover L-1 and L-2 between operations faster And less costly An application was made for a system that would make
PayPal’s fourth and the last application filed in March 2022 is for companies operating on blockchain. with miners relating to happened. In details, blockchain adding a transaction And verification in the process It was seen that a patent application was made on how to select miners.
In the presented documents, blockchain transactions to the requested miner cluster by providing more guidance advantageous results Technical details about how it can be obtained were included.
PayPal for cryptocurrency transfers and payments PayPal USD (PYUSD) He announced that he had released a stablecoin called . The company’s patent applications are in the field of cryptocurrency 2nd big move happened.