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Title: Mastercard applies for a new blockchain technology patent Post by: scrivenorr on September 15, 2018, 12:55:01 PM Mastercard (https://base.info/company/mastercard) has created a blockchain solution, which, according to the company, can significantly improve b2b transactions in the enterprise environment of big trading volumes.
https://storage.base.info/source/generated/news_banner_819_1.png (https://base.info/news/mastercard-applies-for-a-new-blockchain-technology-patent) The newly designed system is described in a series of filings submitted by the company in early spring, which were disclosed a few days ago by the USPTO (https://base.info/company/uspto). According to one of the applications, creators point out that currently existing systems for end-to-end payment management badly scale with the modern needs of businesses. Developers in Mastercard believe that there has to be introduced a unified transaction platform, which would facilitate more efficient b2b transactions. In addition, the company believes that blockchain (https://base.info) innovations or any kind of virtual ledger would ideally solve the issue with the platform for b2b transactions. |
