Mastercard has opened its blockchain technology up to developers, allowing financial institutions and merchants on a selective basis to start testing their own blockchain-based solutions.
The payments giant said it both tested and validated its blockchain, and has prepared it initially for the business-to-business (B2B) space to address challenges of speed, transparency, and costs in cross-border payments.
“By combining Mastercard blockchain technology with our settlement network and associated network rules, we have created a solution that is safe, secure, auditable, and easy to scale,” Mastercard Labs executive vice president Ken Moore said…
Read Full: Mastercard opens access to its blockchain tech | ZDNet
