RATE Group | U.S. Crypto Exchange Coinbase Is Working On Some Exciting New Bitcoin Tech
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U.S. Crypto Exchange Coinbase Is Working On Some Exciting New Bitcoin Tech

28 Dec U.S. Crypto Exchange Coinbase Is Working On Some Exciting New Bitcoin Tech

Posted at 08:42h in Bitcoin News by

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Bitcoin and cryptocurrency has struggled to catch up to the traditional financial system’s digital ease of use.

Online banking, mobile apps and new digital international transfer systems have pushed traditional banking services into the 21st century—with bitcoin’s clunky wallets and technical exchanges leaving all but the most advanced internet users confused.

Now, the chief executive of San Francisco-based bitcoin and cryptocurrency exchange Coinbase has won a U.S. patent for an invention that allows bitcoin to be sent via email, something that could help bitcoin and crypto achieve wider adoption.

The patent, granted earlier this month after being filed back in March 2015, outlines a system that allows users to make bitcoin payments using an email address linked to a cryptocurrency wallet.

“Bitcoin can be sent to an email address,”…

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