PayPal Files Patent for Off-Chain Payments to Speed up Cryptocurrency Processing

According to a recent patent filing, Paypal Inc. is developing a new protocol that will make crypto transactions faster — great news for Bitcoin and other digital currencies. Published last week, the patent details a new system that would transfer private keys outside of the blockchain to speed up transactions. Such off-chain solutions have been hailed by the likes of Microsoft as a solution to speeding up cryptocurrencies. 
The payments processing c