Goldman Sachs filed a patent application in June that aims to support some banking activities in the cryptocurrency world and the wider distributed ledger (DLT). Scenarios include introducing crypto lending to bank runs, margin lending and securitization with multiple tranches.
Last November, Goldman Sachs was awarded another tokenization patent scenario where various securities and fiat currencies are tokenized to achieve atomic settlement. One of Goldman Sachs’ most recent patent applications involves Know Your Customer (KYC) and storing a unique identifier on the blockchain that corresponds to a vetted off-chain identity.