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China multinational computer company Lenovo has secured a secure Blockchain agreement with the U.S. Patent and Trademark Office (USPTO) for a system to verify the integrity of physical documents. Lenovo filed a patent application in August 2016. However, the patent application was finally approved on February 15 as a result of the investigations.

If we mention the patent definition, it guarantees a Blockchain technology that is not possible to replace digital signatures that are encoded in documents rather than documents that are signed with wet signatures. The Patent will determine the “integrity symbol”of a processor in the document. Then he'il turn it into a “map of integrity.” And finally, it's going to take a process to compare the corresponding digital document with the physical document.

"Even if Security Blockchain has multiple copies of the physical document, it will still have the original physical document available," Lenovo said. And he said that a lot of people would be able to access the chain of change. Thus, when multiple fake copies of the physical document appear, there will be no provision for the fake document because there will be no provision for the Blockchain to be created. This will ensure high security in all document verification processes.

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Although the krypto Money market is under pressure in China, companies like Lenovo are involved in krypto money

In December 2017, Swiss banking giant UBS had a similar application. UBS filed a patent application to USPTO for a Blockchain-based system similar to the Client IP and user authentication system. Lenovo, the Chinese firm, filed an application long before the decision on the krypto money. In this period, China is under pressure from the entire krypto money market in the country. Following the ICO ban in September 2017, China banned all foreign krypto money trading in early February. However, even if all the krypto money prohibitions are obeyed, Chinese companies are still interested in the krypto money market.

LianLian company, which offers Chinese-based payment services on February 7, has signed a partnership agreement with ripplenet in order to provide faster, cheaper and simpler international payment services in Europe, the United States and China.

@cleverbot
@banjo
@minnowsupport


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