eBay's new patent application could exchange reward points, bitcoins, etc. to any currency

03/10/2014 - 00:00

By Pete Rizzo (@peterizzo) -

A second eBay patent application has surfaced on the US Patent and Trademark Office database – further highlighting the online marketplace’s interest in digital currencies and digital currency processing systems.

Named ‘System and Method for Managing Transactions in a Digital Marketplace’, the application follows its “gift token” patent revealed on 19th December last year. Filed in December 2011, six months before its gift token filing, this document names bitcoin specifically.