Published on July 20th, 2018 | by bitcoin0
Telecom Provider Ranked #4 in World Files Patent for Blockchain Contract Storage
The world’s fourth-largest telecoms provider, Japan’s Nippon Telegraph and Telephone (NTT), has filed a patent for using blockchain tech for contract agreement, according to a U.S.
Trademark and Patent Office (USPTO) release on July 19.
The patent document continues that the second objective is to “maintai[n] credibility” throughout this process.
As Cointelegraph reported July 18, both Mastercard and Bank of America have also released documentation for blockchain-based inventions.
The global telecoms industry meanwhile looks set to benefit significantly from blockchain in the next five years.