In the new patent, Mastercard proposes a Fractional Reserve used for simultaneous storage of fiat and crypto.
In this guest post, Professor Gracie Anderson shares her insights into the nature of blockchain, explaining why such large-scale entities as Mastercard choose to adopt the tech.
Ajay Banga, the leader of the multinational financial services corporation, made a number of critical statements on the cryptocurrency. But the logical reasoning backed with striking examples provokes thoughts on the main concepts of the crypto sphere.
Mastercard has filed a patent application for a method of connecting blockchain-based assets to fiat currency accounts which will help to speed up crypto payments.
The solarisBank is working on a hybrid model of the future that implies the coexistence of banking and blockchain firms to play a crucial role in the global economy.
Cryptocurrency exchange platform Cryptology enables both fiat and crypto transactions, making digital currency operations easier and more affordable.
Now Venmo users will have more opportunities to use their Venmo balances, as PayPal will offer them debit cards for payments in the real world.
While digital industry is flooded by zillions of new startups aiming to solve more or less real-world problems with blockchain tech, there are three projects definitely worth checking out.
Graft is a rare ICO project with its own blockchain. The Graft ICO will run between January 18 and February 18, with hard cap of $25 million.
The credit card giant has opened access to its Blockchain APIs to consumers, businesses and banks via Mastercard Developers program.