Topic: Mastercard and blockchain (Read 311 times)
Even though it seems not to have connections to already existing cryptos, this is still pretty good news as it will spread the word of blockchain and maybe help bring other cryptos to the mainstream. When do we expect it?
When I saw this discussion, my first thought was like, "No. It's impossible!"
So, I checked and it turned out to be the truth!
Look:
https://developer.mastercard.com/product/mastercard-blockchain
It says here, "Mastercard Blockchain creates new commerce opportunities for the digital transfer of value. Mastercard Blockchain APIs are experimental and available for selected testing with partners"
I still can't believe it but it's inspiring. I look forward to seeing their system ready and running
This means a huge step towards the global acceptance of crypto, especially Bitcoin.
So, I checked and it turned out to be the truth!
Look:
https://developer.mastercard.com/product/mastercard-blockchain
It says here, "Mastercard Blockchain creates new commerce opportunities for the digital transfer of value. Mastercard Blockchain APIs are experimental and available for selected testing with partners"
I still can't believe it but it's inspiring. I look forward to seeing their system ready and running
This means a huge step towards the global acceptance of crypto, especially Bitcoin.
No, it means zero for bitcoin.
They are building their own chain, centralized totally under their control.
Zero to do with bitcoin and other cryptos.
People should start to understand that blockchain doesn't mean BTC, and blockchain are not all decentralized and public.
Wow! Good thinking! 50 years ago people didn't even hear of the blockchain, and today we cannot imagine life without them.
You seriously lack imagination then.
99% of the world is doing just fine without any blockchain, stop overreacting.
maybe blockchain will be win 
When I saw this discussion, my first thought was like, "No. It's impossible!"
So, I checked and it turned out to be the truth!
Look:
https://developer.mastercard.com/product/mastercard-blockchain
It says here, "Mastercard Blockchain creates new commerce opportunities for the digital transfer of value. Mastercard Blockchain APIs are experimental and available for selected testing with partners"
I still can't believe it but it's inspiring. I look forward to seeing their system ready and running
This means a huge step towards the global acceptance of crypto, especially Bitcoin.
So, I checked and it turned out to be the truth!
Look:
https://developer.mastercard.com/product/mastercard-blockchain
It says here, "Mastercard Blockchain creates new commerce opportunities for the digital transfer of value. Mastercard Blockchain APIs are experimental and available for selected testing with partners"
I still can't believe it but it's inspiring. I look forward to seeing their system ready and running
This means a huge step towards the global acceptance of crypto, especially Bitcoin.
If this post here is true then we are in for the best financial operations globally. Master card and cryptocurrency being incorporated. Though there is no link to the source of this post but it tends to make my day because this cooperation alone will deepened the usage of bitcoin the more and the demand of bitcoin will also be in the increase. Whatever happens this is a cheering news.
It is exciting to know buy the how mass adoption is taking place. It is a development that blows my mind to know how cryptocurrency will change things.
MasterCard have the objective of facilitating transactions through blockchain with a new payment system. So he applied for a patent to the USPTO on a simpler way to link cryptocurrency payments with real-life accounts.
The submitted application covers a "method and system for linking blockchain-based assets with trust-currency accounts". That is, it would allow MasterCard users to link their cryptocurrencies to their MasterCard accounts.
With which, as a user, you would have two accounts linked to your bank, one for your fiduciary assets and one for your cryptocurrencies.
To be frank, I do not understand the meaning of the blockade for Mastercard. A secure database, and they need it? I think this is just another marketing move of the company, in order to be in everyone's ears and confirm its advanced relevance in the market. As a matter of fact lie, for the sake of advertising.The submitted application covers a "method and system for linking blockchain-based assets with trust-currency accounts". That is, it would allow MasterCard users to link their cryptocurrencies to their MasterCard accounts.
With which, as a user, you would have two accounts linked to your bank, one for your fiduciary assets and one for your cryptocurrencies.
Wow! Good thinking! 50 years ago people didn't even hear of the blockchain, and today we cannot imagine life without them.
People are just getting used to earning from crypto and putting it into a bank account which is nonsense when it comes to the purpose of bitcoins. Its blockchain to banks and merchants as an alternative for cross-border payments.
MasterCard have the objective of facilitating transactions through blockchain with a new payment system. So he applied for a patent to the USPTO on a simpler way to link cryptocurrency payments with real-life accounts.
The submitted application covers a "method and system for linking blockchain-based assets with trust-currency accounts". That is, it would allow MasterCard users to link their cryptocurrencies to their MasterCard accounts.
With which, as a user, you would have two accounts linked to your bank, one for your fiduciary assets and one for your cryptocurrencies.
this is a great idea!The submitted application covers a "method and system for linking blockchain-based assets with trust-currency accounts". That is, it would allow MasterCard users to link their cryptocurrencies to their MasterCard accounts.
With which, as a user, you would have two accounts linked to your bank, one for your fiduciary assets and one for your cryptocurrencies.
but is it not dangerous to connect cryptocurrency with MasterCard,
Because maybe the hackers can make a fake MasterCard after getting the victim's data information.
Honestly, I think that master cards are definitely just a way of the banks to gain from cryptocurrencies. I think that is the reason why there are still no merchants around. People are just getting used to earning from crypto and putting it into a bank account which is nonsense when it comes to the purpose of bitcoins.
I think that is somehow their system now and it is hard t breakthrough without no innovations. They are all busy earning I guess.
I think that is somehow their system now and it is hard t breakthrough without no innovations. They are all busy earning I guess.
Blockchain is considered by many experts in the world as the main accounting book. Blockchain is a ledger in the field of technology, and data is stored as digital data. I enjoyed this technology
gives us reason to invest to some tokens like monaco and tenx. i've seen more projects which they include releasing of mastercards and visa cards, its probably easier now to release them now that mastercard had initiated.
in addition to having the goal of facilitating transactions through blockchain with new payment systems, the recent blockchain application from Mastercard also intends to solve technical challenges in providing security and convenience
its a lot easier to trust them when records are easy to check by anyone. not surprise if one day we can just swipe our cards to local stores.
in addition to having the goal of facilitating transactions through blockchain with new payment systems, the recent blockchain application from Mastercard also intends to solve technical challenges in providing security and convenience
Of course bitcoin is the public currency, all can get it no limit. they call the privacy currency because they think bitcoin is still alien in the eyes of society
Mastercard is already working on cryptocurrency/blockchain for some years. And last year the company started to open its blockchain to banks and merchants as an alternative for cross-border payments. It's supposed to be more efficient but it's maybe not... because until now I have never heard about a merchant or a bank working with the Mastercard blockchain
Its because big changes happen slowly and ofcourse step by step! We will reach that stage too.
It is great. It will help all the crypto and mastercard user to buy and sell products easily. It will make their life much more easier. It's really good to see that many big companies are supporting and appreciating it as well.
MasterCard provides facility when transactions are occurs on the other hand blockchain also provides security and also doing payment system. They are almost similar.
I saw the news flash, but haven't read the details. I am happy about the coming of Mastercard, this will further make more and more persons to join the bitcoin network and even cause big institutions to majorly start investing in Crypto. Better days are here.
From all point view if mastercard want to partner with blockchain for a better financial system it means blockchain has begone a journey towards becoming generally acceptable by the masses, banking system and government. The early birds in blockchain technology should get ready to be employed in almost all the sectors.
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