From blockchain to augmented reality, Canada’s big banks aim to patent the future of finance

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[ad_1] Getting updates on your bank account in augmented reality. Credit scores built on blockchain. Payment requests that involve scanning would-be recipients with facial recognition technology. These are just some of the ideas Canadian banks have been envisioning in public patent filings, which lenders have increasingly made in recent years as banking becomes more and…

Canadian innovation grows, but outpaced by China’s record one-million patent applications

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[ad_1] Canada is filing an increasing number of patent applications but is being outpaced by countries such as China, which became the first to reach the million-patent mark in a single year, according to a new report from the World Intellectual Property Organization. The Geneva-based organization’s study found that Canada filed 36,964 patent applications in…