Wells Fargo Patent Uses Blockchain to Protect Sensitive Information

2018-7-19 12:35

Yesterday, Wells Fargo released a patent for a tokenization system built to protect sensitive financial information on the blockchain. This system uses encryption to process sensitive but previously unrestricted data into  restricted tokens, and these tokens can only be received and ‘detokenized’ by a specific user.

With this technology, companies are able to control access […]. origin »

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sensitive information tokens system wells patent fargo

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