Share this article

Ebay Files For Two Cryptocurrency Patents

Multinational e-commerce giant eBay has filed two cryptocurrency-related patent applications.

eBay

Multinational e-commerce giant eBay has filed two cryptocurrency-related patent applications.

Published by the US Patent and Trademark Office (USPTO) last week, the applications were both submitted on 18th April last year.

jwp-player-placeholder
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

According to the filings, eBay wants to patent a "distributed cryptocurrency unauthorised transfer monitoring system" and a "distributed cryptocurrency reputation system".

Ebay's filings come after the USPTO published Coinbase's applications for nine bitcoin-related products and 21 Inc's filing for a digital currency mining circuitry patent.

Speculation about eBay's possible involvement in crypto has been rife in recent years, with John Donahoe, CEO at the time, hinting at bitcoin integration for PayPal – eBay's former subsidiary – on various occasions.

CoinDesk reached out to eBay for comment but not reply had been received by press time.

Hat tip: Brian Cohen/CoinTelegraph.

eBay image via 360b / Shutterstock.com

Yessi Bello Perez

Yessi was a member of CoinDesk's editorial staff in 2015.

Picture of CoinDesk author Yessi Bello Perez

More For You

WIF Suffers Sharp 11% Decline Before Mounting Recovery to $1.21

"WIF price chart showing an 11% intraday decline to $1.16 support followed by recovery to $1.21 amid strong institutional buying and technical cup-and-handle pattern signaling potential upside."

Solana-based digital asset demonstrates institutional resilience following support test at $1.16, as large-scale investor activity and technical formations suggest potential upside momentum.