MasterCard Files Patent for Blockchain-Based Payment System

[kreslik.news]

As blockchain makes its way further and further into the mainstream, industry adoption is key to any future success the technology may have. Companies on the leading edge of blockchain technology are exploring a variety of possible use cases; for example, IBM is investigating ways that blockchain can be introduced into supply chain technology.  According to a CoinDesk report, electronic payments company MasterCard is exploring the adoption of blockchain into its payments network.

“Capable of Instantaneously Processing Payments”

The application details a blockchain system that would be created for the purpose of reducing the amount of time and energy needed to confirm ... (read more)