BitCoin’s Competition Is Coming Like A Heard Of Wild Horses…Hello Chase Bank “Web Cash”

| December 10, 2013

Cryptocurrencies….is the new war cry! It looks like JP Mogan’s Chase Bank has filed for a patent on “Web Cash”…it’s a per-to-per “Internet Pay Anyone (IPA)” account with inherent safeguards built-in.  JP Morgan refers to this as a “Virtual Private Lockbox (VPL)”.  LetsTalkBitcoin noted recently, the “Method and system for processing internet payments using the electronic funds transfer […]

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