[ad_2][ad_1] How cryptocurrencies are challenging the MasterCard and Visa Duopoly It is unheard of for a multinational, not to mention two multinational heavyweights to be lost in a court case. What is even more rare is when the court case forces them to separate themselves from the liquidation costs for …
Read More »Bitcoin on the track to transfer more Mastercard value per day
[ad_1] chirping Facebook LinkedIn With a daily transaction volume of over $ 8 billion, Bitcoin (BTC) is on track to beat Mastercard, the world's second largest credit card network in volume. On October 30, Mastercard published the financial results for the third quarter of 2018. Since the beginning of the …
Read More »Ripple Initiates SendFriend is supported by MIT Media Lab and MasterCard
[ad_2][ad_1] Ripple is ready to improve its cross-border payment service and level of efficiency. Media outlets recently revealed that the ripple is adding new consumer payment platform called SendFriend in its native xRapid ecosystem. The new feature is developed by the Translator Innovation Alliance award from MIT Media Lab specifically …
Read More »Ripple xRapid XRP coin platform for the integration of new payment portals supported by MIT and Mastercard
[ad_2][ad_1] As reported by a well-known American landmark, Ripple is ready to integrate a new "consumer payment platform", which was developed by MIT Media Lab in collaboration with Mastercard, in its native xRapid ecosystem. For those who are not aware of what xRapid is, it is essentially an enhanced cross-border …
Read More »Ripple expands XRPid enhanced XRP, enhances the payment platform supported by MIT and Mastercard – The Daily Hodl
[ad_2][ad_1] A consumer payment platform supported by MIT Media Lab, Mastercard and Ripple is integrating Ripple's XRapid XRP to reduce costs and increase cross-border payment efficiency. SendFriend is ready to launch this year and turns to the Philippines to offer expats an affordable way to send money home. The project, …
Read More »The recent blockchain patents of Mastercard: what's in it for the banks?
[ad_2][ad_1] The latest mastercard blockchain patent could be the most ambitious to date and, in theory, could help banks better protect themselves from fraudulent transactions that occur in traditional payments. The card network has recently been awarded a patent for the "fractional reserve management of blockchain assets" that would combine …
Read More »Mastercard wins the patent for "Manage fractional reserves of the blockchain currency"
[ad_2][ad_1] Mastercard has won a patent for the fractional bank cryptocurrency, which suggests that the global payments corporation has plans for a fractional reserve management system of currency blockchain. The Mastercard Blockchain patent integrates the existing traditional payment networks with blockchain currencies The patent, filed on 29 June 2018, refers …
Read More »Mastercard is exploring Blockchain technology to improve the payment service
[ad_2][ad_1] The research and development of Mastercard is examining the implications of blockchain and other cutting-edge technologies to increase the overall efficiency of the company. The Irish subsidiary of the international payments giant has been responsible for various innovations in the six years since its establishment. Mastercard Labs Innovation in …
Read More »Mastercard Files Other Blockchain patent apps
[ad_2][ad_1] Share Tweet Share Share Share Print Email Blockchain has received attention far beyond the cryptocurrencies and the focus has shifted in part on documents filed on patents. Although it may appear that China has dominated patenting activities in recent weeks, a number of companies (not Alibaba) have made their …
Read More »Mastercard patents see Blockchain for data records
[ad_2][ad_1] Mastercard Inc. (MA), the world's leading payment and technology company, is actively exploring the use of blockchain to track consumer payments, according to a series (one, two and three) of similar patents recently published by the US Patent and Trademark Office. (See also, Most of the Blockchain patents were …
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