Mastercard has filed a patent that aims to anonymize transactions on a blockchain, rather than just the user behind any individual wallet.
MasterCard News
MasterCard Worldwide, or MasterCard incorporated, is an international payment system and transnational financial corporation that unifies 22,000 financial organizations in 210 countries around the world. The company was founded in 1966 with the merger of several Californian banks to compete with Bank of America, which currently works with Visa — MasterCard’s main opponent. The company is currently headquartered in New York and MasterCard’s CEO is Ajaypal Singh Banga. The main activity of MasterCard is the processing of payments between the acquired banks, which serve as the place of trades, and other credit corporations that use MasterCard’s debit and credit cards. The MasterCard association is aimed at managing the business, promoting the brand, and developing and implementing new technologies, such as a contactless way of making payment called PayPass.
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A peer-to-peer marketplace that enables people to buy Bitcoin using more than 300 payment methods is experiencing growing demand.
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by Helen Partz
The CEO of Visa said that cryptocurrency does not pose a threat to the company’s “hegemony” since it is “more a commodity” than a means of payment.
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Payment processing giant Mastercard wants to patent a new method of simultaneous crypto and fiat storage.
- Analysis
Are Mastercard and VISA about to deem crypto and ICOs ‘high risk’?
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India is getting a dedicated group for exploring blockchain expansion courtesy of the Internet and Mobile Association of India.
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Cryptocurrency market scaling improvements could see prices ten times higher than now, says co-CIO of Pantera Capital.
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by Helen Partz
Payment giants MasterCard and VISA to group crypto and ICO brokers into a new “high risk” category, sources say.
- Hodler’s Digest
Roger Ver wants Bitcoin.com to have its own crypto exchange, while CNBC’s Ran Neuner thinks Bitcoin’s price could soon “explode.”
- Analysis
What is a ‘subnet’ and how the financial services giant is going to partition a blockchain.
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Mastercard has been awarded a patent for a method to partition a blockchain, making it capable of storing multiple transaction types and formats.
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CEO of Mastercard, Ajaypal Banga compares anonymous cryptocurrencies to “snakes,” says they don’t “deserve” to be considered a medium of exchange.
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Japan’s Nippon Telegraph and Telephone is mulling over using blockchain for contract storage, a patent filing reveals.
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Bank of America has added to its pile of blockchain patents this week with the release of a blockchain-based external data validation system filing.
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Mastercard has filed a new patent for a payment system linking blockchain-based currency accounts with fiat accounts.
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