Judging by the patent, which the second largest US bank filed the other day, his management is thinking about the future of the crypto currency, and how to make the life of its large holders easier. The patent describes an automated system that will help companies to convert, sell and make crypto-currency transfers, bringing out the usual money at the internal rate, which will also be determined by AI.
The algorithm described in the patent will be able to convert one crypto currency into another, based on their rates and data of exchanges. The client part of the system will allow users to manage their crypto-currency savings, and two service parts will be responsible for exchange processes. In one of them will be the original crypt, in the second - the one that the client needs at the moment. After carrying out the transaction, the system will independently "shove off" purchased at the rate of the coin to the client in a purse.
To form an internal course, the system will independently collect information from external sources, assessing the risks of ongoing transactions and calculating questionable transactions. In addition, thanks to the system, corporate clients will be able to make international payments in the crypto currency, on the way to receiving a transfer in the crypt needed by them or in a normal currency automatically converted at the internal banking rate.
The patent emphasizes that the system is designed for corporate clients, private individuals do not appear in the document. When exactly Bank of America intends to implement the idea and launch this corporate service, it is not reported.
Our cozy waiting for new subscribers.
The article is based on materials .
Comments
Post a Comment