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Topic: MasterCard is forming its own crypto team (Read 559 times)

full member
Activity: 353
Merit: 108
August 28, 2019, 09:29:37 AM
#64
It is really seems to be a good news both for the Cryptocurrencies and for blockchain technology in general. It will also take a large amount of time not earlier than 5 years.
newbie
Activity: 28
Merit: 2
August 27, 2019, 04:56:06 PM
#63
MasterCard is forming its own crypto team, The payment solutions company has called for applications to work in the dynamic intersection of cryptocurrencies and payments in its recruitment listing. Mastercard added that the hired people will monitor ecosystem trends in cryptocurrency as well as develop upcoming products and solutions. hope you remembered facebook's Libra too. it's no news that crypto is nothing but the future . we are getting there

Yes, we are getting there fast these days. Will the MasterCard Crypto Team (MCT) understand that chargebacks are not an option for the buyer in this future?
sr. member
Activity: 1313
Merit: 278
August 27, 2019, 04:52:39 PM
#62
Cryptocurrency is now a trend.
It is obvious that all large companies will try one way or another to keep up with the trend, because if mass adaptation reaches the point of no return,
those services that are prepared for this will bring a lot of money to their creators.
sr. member
Activity: 980
Merit: 252
August 27, 2019, 02:57:23 PM
#61
This is great news, but it would be good if you share the source link in the thread! I saw a lot of projects that offered Mastercard services but in the end, they scammed or dead! If the real MasterCard adds the cryptocurrency on their platform, that will be a huge mass adoption indeed!
This company really has a lot of users, but in order for mass adoption to take place, you need to attract users to use cryptocurrencies.The problem is that most people are used to Fiat money and to attract them to a highly volatile world entails some further responsibility.(and Yes, I would like to see a link to the news)
member
Activity: 585
Merit: 33
Rasputin Party Mansion
August 27, 2019, 02:33:13 PM
#60
All the big companies are creating task forces to be able to deal with the crypto phenomenon in some way (last year's slowdown existed precisely because the companies were not ready and started a campaign of denigration).
It is strange that it is publicly declared.
full member
Activity: 812
Merit: 114
August 27, 2019, 02:05:21 PM
#59
This is great news, but it would be good if you share the source link in the thread! I saw a lot of projects that offered Mastercard services but in the end, they scammed or dead! If the real MasterCard adds the cryptocurrency on their platform, that will be a huge mass adoption indeed!
newbie
Activity: 29
Merit: 1
August 27, 2019, 08:23:22 AM
#58

Where is the original link of this news, we should confirm the source of the news like that, by the way if this true this will change the cryptocurrency market, and i think this will not happen.
member
Activity: 924
Merit: 11
August 27, 2019, 07:41:32 AM
#57
That is huge news! Mastercard is the most popular payment method in my country. For that reason I think that when mastercard announced something related crypto - it will blowing the market and king will be like a before - Bitcoin.
member
Activity: 490
Merit: 14
August 27, 2019, 03:41:02 AM
#56
This is a proof that the world of cryptocurrency is growing and before the previous mastercard has been there facebook and competition will be even tougher, and with the mastercard cryptocurrency users will be easier to shop, we expect the cryptocurrency world will increasingly
sr. member
Activity: 1428
Merit: 251
August 27, 2019, 03:23:50 AM
#55
If MasterCard does not do it now, then tomorrow others will do it for her and offer joint activities. This is already happening with other payment cards and it is inevitable and natural. Cryptocurrency cannot but go closer to normal currency, because users are the same. People want convenience, and this can be achieved by combining the capabilities of these currencies. This is a very timely solution.
Their interest in cryptocurrency is actually a welcomed development, and like you said, in industry where you have lots of competition, if they are not careful, they will find themselves missing out when other competitors are implementing it, and you could see why Facebook too is now running round to implement theirs too after seeing that their competitors are already attracting people to their side.

I hope that MasterCard still would not make the same mistake that Facebook is making, because they are not starting where they are supposed to start from, and from that big position, they will only end up creating enemies for themselves which is already playing out now before the Libra is even released, so MasterCard has to learn from that also and be careful.

When MasterCard create its own cryptocurrency, then maybe mastercard will receive a deposit in the form of bitcoin. This will make it easier for cryptocurrency users to shop at merchants because Mastercard has millions of merchants worldwide. I think this is a good development for the investment climate in the cryptocurrency market
hero member
Activity: 2534
Merit: 586
August 27, 2019, 02:58:06 AM
#54
If MasterCard does not do it now, then tomorrow others will do it for her and offer joint activities. This is already happening with other payment cards and it is inevitable and natural. Cryptocurrency cannot but go closer to normal currency, because users are the same. People want convenience, and this can be achieved by combining the capabilities of these currencies. This is a very timely solution.
Their interest in cryptocurrency is actually a welcomed development, and like you said, in industry where you have lots of competition, if they are not careful, they will find themselves missing out when other competitors are implementing it, and you could see why Facebook too is now running round to implement theirs too after seeing that their competitors are already attracting people to their side.

I hope that MasterCard still would not make the same mistake that Facebook is making, because they are not starting where they are supposed to start from, and from that big position, they will only end up creating enemies for themselves which is already playing out now before the Libra is even released, so MasterCard has to learn from that also and be careful.
full member
Activity: 588
Merit: 100
August 26, 2019, 08:48:19 AM
#53
Why they need an own cryptocurrency? They offer international payments with TPS rate around 14000+, so what is the main reason behind the own cryptocurrency? Buzzword? Marketing? Doesn't make any sense for me.
newbie
Activity: 14
Merit: 0
August 26, 2019, 08:44:56 AM
#52
I don't see the need for them to create their own currency. They will continue to act as a middle man and collect fees. They may allow you to store your crypto in their cards and pay with them.
member
Activity: 700
Merit: 10
August 26, 2019, 08:32:12 AM
#51
MasterCard is forming its own crypto team, The payment solutions company has called for applications to work in the dynamic intersection of cryptocurrencies and payments in its recruitment listing. Mastercard added that the hired people will monitor ecosystem trends in cryptocurrency as well as develop upcoming products and solutions. hope you remembered facebook's Libra too. it's no news that crypto is nothing but the future . we are getting there

The management of the mastercard company does everything right, because they understand and see that the cryptocurrency industry is developing very quickly and cryptocurrency technologies help humanity adapt faster to the new future, so I’m sure that other big companies will connect to the mastercard company soon, but at the moment I think that mastercard did the right thing that they were one of the first to adapt to cryptocurrency, because this will give them many advantages in the future.

I think Mastercard will develop cryptocurrency like Stablecoin. With a network spread across various merchants throughout the world, I think cryptocurrency from mastercard will be faster adopted and used for everyday transactions.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
August 26, 2019, 08:05:24 AM
#50
is there a relevant link about the adoption by mastercard that will use crypto?
full member
Activity: 798
Merit: 101
August 26, 2019, 07:43:50 AM
#49
If this is true, it is really good news for encryption. Although the market is not good, more and more big companies are paying attention to cryptocurrencies. I think more companies will enter the encryption world.
member
Activity: 1764
Merit: 10
August 26, 2019, 07:26:33 AM
#48
MasterCard is forming its own crypto team, The payment solutions company has called for applications to work in the dynamic intersection of cryptocurrencies and payments in its recruitment listing. Mastercard added that the hired people will monitor ecosystem trends in cryptocurrency as well as develop upcoming products and solutions. hope you remembered facebook's Libra too. it's no news that crypto is nothing but the future . we are getting there

The management of the mastercard company does everything right, because they understand and see that the cryptocurrency industry is developing very quickly and cryptocurrency technologies help humanity adapt faster to the new future, so I’m sure that other big companies will connect to the mastercard company soon, but at the moment I think that mastercard did the right thing that they were one of the first to adapt to cryptocurrency, because this will give them many advantages in the future.
jr. member
Activity: 77
Merit: 1
August 26, 2019, 07:25:42 AM
#47
Well. let's guess their coin name. How about MasterCoin, Mash coin, or Mass Coin.

It probably comes high price in the market. So, i hope that MasterCard can back their coin grow over.
full member
Activity: 840
Merit: 101
August 26, 2019, 06:53:06 AM
#46
The fact that are really pushing for a good team of blockchain professionals like blockchain engineers and engineer leads, director for product development, and innovation. Vice president for product management and director of product management for cryptocurrency and wallets means they are serious about this thing and does not want to fail. I really hope that they do well since mastercard has been in the banking industry for years and they may convince more to accept cryptocurrency.
hero member
Activity: 1540
Merit: 507
August 26, 2019, 06:27:29 AM
#45
It looks like master card are still observe what will be the field that can give the company a huge chance to developer a product but if the master card wanna make a payment system that used crypto as its main objective to be combined with its mastercard service and that's enough to bring a huge demand.
The developer of crypto and blockchain are still in the progress and mastercard prepares the concept that will be taken from the crypto trend.
This is a very interesting thing to see.
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