[16-04-2018] Mastercard Filed a Patent For a New Blockchain System

[bitzamp.com]

Mastercard Filed a Patent For a New Blockchain System To Fight Fake Identities
A newly published patent filing from Mastercard describes a system in which a semi-private or private blockchain is used to receive and store identity data, in accordance with the official request published by the United States Patent and Trademark Office (USPTO).

Also Read: Mastercard Is Hiring Blockchain Experts With Specialists On Different Roles

The company states in the filing, which was submitted in September 2017, that the technology could help with the use of fake identity data within its systems.
Mastercard writes:

Read More: https://bitzamp.com/mastercard-filed-a-patent-for-a-new-blockchain-system-to-fight-fake-identities/

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[Reatim]

Another news that really put blockchain in the next levels. But then again, ironic to see that banks keeps on attacking bitcoin but they embraced the technology that powered it. I'm pretty sure that they are really afraid of crypto because of its disruptive nature, but its like a double sword. They learn to loved the technology because it will give them a lot of advantage but hate bitcoin because it might potentially affect their future earnings.