10/07/19 11:03 UTC±0

LG will release a cryptocurrency wallet

LG will issue cryptocurrency wallets
LG will issue cryptocurrency wallets

LG Electronics Inc. company has published an official patent for its own cryptocurrency wallet. Patent documents were submitted on July 2 in the USA.


Cryptocurrency wallet from LG

There are no official statements from company representatives yet. According to the patent information, the future repository for cryptocurrency assets will be registered under the ThinQ Wallet trademark. This sign is also present in the series of smartphones G7 +.

As stated in the document, the patent can be developed in several directions: a mobile application for storing cryptocurrency, a payment application for online banking or as a software blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details

The document also states that the patented product will be able to operate on the following vectors: “Transaction authorization and settlement services; supervision of payment processing operations and computerized payment processing systems; to provide information relating to financial and currency issues ”and others.

Interesting in the section: Hardware wallets for cryptocurrency from the French Ledger manufacturer

LG electronics company will release a crypto-wallet. Recall that on July 5, the Trezor hardware wallet company admitted that there are vulnerabilities in its products that cannot be fixed.


Editor: Jerg Wos

See also: "Erik Voorhees announces the launch of a new ShapeShift platform"

#LG #cryptocurrency #LGpatents #cryptocurrencywallet #LGwallet #cryptocurrencypatents #wallet



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