Mastercard is proactively adopting blockchain technology

By Haiaty | Blockchain Enthusiast | 28 Jan 2019


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Someone could think that Mastercard, being centralized and having a lot of money flowing on its channels, is not interested on the blockchain technology. It is ironic but actually Mastercard has put a lot of effort and interest in blockchain technology.

According to this article: https://www.forbes.com/sites/ericervin/2019/01/24/5-blockchain-stocks-2019/ Mastercard is actively exploring the use of blockchain based solutions to help alleviate the significant losses of frauds, which are estimated at $22.8 dollars. Moreover the company has already created APIs on which developers can start creating blockchain related applications.

I really enjoy the fact that blockchain can help fight frauds and corruption. I know that it can eliminate it but it makes things  harder for those who have a malicious intents.

 

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Haiaty
Haiaty

Here i'll talk about Blockchain and DLT technologies


Blockchain Enthusiast
Blockchain Enthusiast

A blog on everything related to blockchain and DLT technologies. Some topis: content economy, token economy, new projects, etc..

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