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  Patent application: Xerox plans to blockchain recording system BTC ECHO | Bit Updates
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Patent application: Xerox plans to blockchain recording system BTC ECHO

Friday, August 18th, 2017 | bitcoin updates

The technology company Xerox has filed a patent application to securely process documents via blockchain.

Xerox is well-known for its printers of the same name and has already applied to the US Patent and Trademark Office in February 2016. The current application, which was published yesterday, describes a concept that should allow to create and update documents in a blockchain network.
Specifically, encryption processes should ensure that all changes in the documents can be tracked. Verification by means of a private key and a public key would ensure that only authorized persons can make changes.
One possible use is seen in the health sector, for example to secure and exchange patient records.
If you want to learn more, you can read the patent application here.
BTC-ECHO

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