JPMorgan applies for patents for Bitcoin Killa

From CNN Money...

"The system includes digital wallets, the ability to transfer money to anyone and anonymity too, according to a patent application filed to the U.S. Patent and Trade Office on Aug. 5. The Financial Times first reported the story."

"JPMorgan has also patented payment software that would latch onto your Internet browser and allow you to shop without pausing to fill out forms with personal financial information. And with what the bank calls its Internet Pay Anyone Account, moving funds would be anonymous and as easy as sending an email."

"Another aspect of the digital payment system is a virtual private lockbox. Think of it as a bank account that can only accept funds. That way, users can receive funds from anyone by publishing its digital address publicly without fear that someone can pull money out of it."

"The impetus for the project is likely Bitcoin, the independent electronic currency created in 2009 that has gained lots of recent attention. But the patent application shows no mention of Bitcoin."

Link:  http://money.cnn.com/2013/12/10/technology/bitcoin-jpmorgan/