Data Security in Banking

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Data Security in Banking

Mastercard patent claims cryptocurrency can benefit from fractional reserve banking

cointelegraph | Oct 26, 2018

Mastercard has filed a new patent application that applies the principles of fractional reserve banking to cryptocurrency. This patent relates to a payment processor that has plans to allow merchants to interact with what it calls “blockchain currencies” via a new method of simultaneous crypto and fiat storage.

LG patents new smartphone design with three rear cameras

mobilescout | Oct 30, 2018

The USPTO has granted patents for three different devices with notch less display and multiple rear cameras to LG. These patents deal with three devices almost identical design and triple camera set up in a square array.

ZEE patents immersive tech platform for home entertainment

economictimes.indiatimes | Oct 23, 2018

The Silicon Valley-based Zee Media Lab patents a tech platform that aims at bringing the five-sense experience to the living room with home entertainment. The users can touch, feel, smell and experience products on television. They can also order any product that is being consumed or used by the protagonists on the screen, at the touch of a button.

Panasonic sells nearly 3,500 Technology Patents to Dominion Harbor

bloomberglaw | Oct. 16, 2018

Panasonic Corp. has unloaded thousands of patents to a licensing company that aims to strike deals with other companies to license the technology. Dominion Harbor Enterprises LLC has purchased 3,474 patents from the Japanese electronics maker. The patents cover a wide array of industries, including medical imaging, wearable devices, mobile communications, LED, Wi-Fi, and cloud computing.

Sony Patents Hand Tracking Kit

inverse | Oct 22, 2018

Sony published a new patent this month that could revolutionize virtual reality gaming. This patent describes a new head-mounted display that has the ability to track positions of fingers on the user’s hand, creating a new form of gameplay where players ditch the controllers and directly interact with the virtual world by reaching out.

Apple aims to patent iphones that work flawlessly under rain

fossbytes | Oct 26, 2018

Apple has filed two patents for relating to iphones that work flawlessly under rain. This works by filtering the touches to recognize whether the touch has been intended by the user or not. The patent describes that the unintended touches are filtered out by classifying them as non-touch patches and reduce processing requirements to save power.

Indian start-ups file 909 patent applications last year, compared to 61 in 2016

zeebiz |Oct 31, 2018

The data from the Department of Industrial Policy & Promotion (DIPP) reveals that Indian start-ups filed 909 patent applications last year as compared to a mere 61 in 2016. This would be reasonable to assume that increased patent filings are triggered by an increase in innovative yield.

Samsung patents a hybrid smartwatch

bgr | Oct 31, 2018
A latest published patent of Samsung relates to a smartwatch that also has a separate analog mode. The patent states that the wearable sports a round design complete with a crown along the right side of the frame. It includes a transparent touch display that sits on top of two analog hands.

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