Critics Wary As Goldman Sachs Targets ‘Blockchain Zeitgeist’

Goldman Sachs has filed a crypto-currency patent as it joins the rush among financiers to use blockchains to improve the efficiency of its banking operations, triggering unease in fintech circles.

In a filing submitted to the United States Patent and Trademark Office, the investment giant laid out plans to create new methods of “settling securities in financial markets using distributed, peer-to-peer, and cryptographic techniques”.

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