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.
The world’s most populous country has filed a prevail number of blockchain patent applications leaving the U.S. a poor second in the race for technology dominance.
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.
The credit card giant has opened access to its Blockchain APIs to consumers, businesses and banks via Mastercard Developers program.
Mastercard demonstrates its interest in the distributed ledger technology adding three blockchain APIs to its developer site.
MasterCard explains its investment in Digital Currency Group by the profound interest in the blockchain.
Visa Inc. shares overall interest in blockchain launching a research office in India while Deutsche Bank and Forbes publish posts supporting the idea of applying the technology to financial sphere.