Paypal Files Patent Application: Company Looking to Get Involved in Virtual Currencies

According to an application with the U.S. Patent and Trademark Office, PayPal wants to speed up crypto transaction processing times and has filed a patent for a faster cryptocurrency payment system.Since PayPal kicked off in 2002, the company has dominated the online payment scene — but they face increasing competition: in the last couple years cryptocurrency payment solutions have proliferated the market. These decentralized platforms demonstrate that if PayPal doesn’t mak