https://www.coindesk.com/mastercard-opens-general-access-to-blockchain-apis/
In a press release,
the company announced today that it would first be working on
business-to-business (B2B) transactions with the tech, as part of a bid
to "address challenges of speed, transparency and costs in cross-border
payments."
Mastercard revealed its blockchain work in October 2016, with systems
aimed at smart contracts and payment settlement processes, as
previously reported by CoinDesk.
At the time, blockchain lead Justin Pinkham said the company was
looking for collaborators to work with the company’s platform.
Now, the company is encouraging other firms to begin settling
transactions through its blockchain APIs, which it says can ease some of
the friction experienced during cross-border payments processes.
Ken Moore, Mastercard Labs' executive vice president, said in a statement:
No comments:
Post a Comment