PR: Money Token Applies for Royalty-Free Patent on Crypto-Backed Lending Technology

[CryptoNews]

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WIPO, the World Intellectual Property Organization, has received a new patent application, owned by the MoneyToken project, as announced on the MoneyToken blog.

The application describes a blockchain-based technology process of decentralized lending, secured by cryptocurrency assets as collateral, that doesn’t require vouching agents and that uses smart contracts and multi-signature wallets within the crediting process.

The premise is straightforward: By taking a cryptocurrency-backed loan with MoneyToken, users can receive liquid funds and hold their crypto assets all at the same time.

To gain access to the MoneyToken Private Sale, all users should join the MoneyToken Whitelist.

Founders comments on the patent:
https://medium.com/@moneytoken/jerome-macgillivray-money-token-founder-applied-to-patent-cryptocurrency-backed-loans-technology-f119dd589bb1

Contact Email Address
james.hendersonmt@gmail.com
Supporting Link
https://moneytoken.com/

<small>This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.</small>

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