Mastercard Files Patent Application on blockchain concept for transactions

[universal4]

MasterCard has filed a patent on its own blockchain-based money transfer solution

https://techcrunch.com/2017/11/14/ma...sfer-solution/

Whether they will actually get their patent approved remains to be seen, but this certainly indicates how much they have been studying the use of a blockchain-like ledger to store and manage international transactions instantly.

Rick
Universal4

[Top Domains]

Prior art...

[sweetbet]

I guess that they are feeling threatened

[Pokerface]

Seems like it was inevitable that other financial corporations would get involved in blockchain technology. With improved speed, security and less risk of a single spot failure it totally makes sense. As with many advancements it take a new competitor on the scene to open the eyes of others.

[Cash Bonus]

Seems like it was inevitable that other financial corporations would get involved in blockchain technology. With improved speed, security and less risk of a single spot failure it totally makes sense. As with many advancements it take a new competitor on the scene to open the eyes of others.

Yes, absolutely spot on there!


Sent from my iPhone using Tapatalk