HSBC – the globally identified multinational financial institution – has formally filed trademark purposes associated to NFTs and the metaverse. This information is in line with Mike Kondounis, who took to Twitter earlier.
The multinational filed these with the USA Trademark and Patent Workplace again on December fifteenth.
After all, the patents aren’t wholly shocking. Again in November, it introduced the launch of Orion blockchain for Bond tokenization. A yr prior, HSBC and Wells Fargo introduced using blockchain for foreign exchange commerce settlements.
As for the intent behind these logos, the corporate seeks to develop a variety of digital property – reminiscent of financial institution, money, chequing and debit playing cards. Authenticated as NFTs, this might assist guarantee consumer possession of their monetary property, whereas chopping down on fraud.
As well as, the financial institution goals to host a web-based platform for offering monetary info, safety options and on-line communities for brand spanking new and present holders of digital property.