May 31, 2014

Amazon Awarded Bitcoin-Related Cloud Computing Patent

Posted by in category: bitcoin

— Coin Desk


E-commerce giant Amazon has been awarded a bitcoin-related cloud computing patent that envisions the use of digital currencies as payment for cloud computing services on Amazon Web Services (AWS).

Amazon’s cloud is by far the biggest remote computing service on the market. Market research firm Gartner estimates AWS annual revenue at upwards of $3bn, and it believes Amazon’s cloud has five times the capacity of its next 14 rivals.

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