Odaily Planet Daily News Goldman Sachs filed a patent application in June designed to support some banking operations in the cryptocurrency world and broader distributed ledger (DLT). Scenarios include introducing encrypted lending into bank runs, margin loans, and securitization with multiple tranches.
Last November, Goldman Sachs was awarded another tokenization patent scenario where various securities and fiat currencies are tokenized for atomic settlement.
A recent Goldman Sachs patent application involves knowing your customer (KYC) and storing a unique identifier on the blockchain that corresponds to a vetted off-chain identity.