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PayPal applies for NFT marketplace patent for on- or off-chain asset trading

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 84 Views

Payment platform PayPal filed a patent application for an NFT transfer and purchase system. The patent application was filed at the United States Patent and Trademark Office in March and was made available publicly in September.

The patent described a system that lets users buy and sell NFTs through a service provider. While the provider was not mentioned, the document did mention Ethereum, suggesting that it may be based in the network.

So it looks like Paypal wants another "piece of the pie". Interesting, thoughts?

Source: https://cointelegraph.com/news/nft-paypal-meta-artist-charity-metaverse-newsletter

submitted by /u/marckolind
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