Mastercard is investing in blockchain

[Agapelove]

If the news is reliable then it is very good. But honestly speaking, everything looks very suspicious, since a month ago I read news that Visa and Mastercard payment systems do not support the cryptocurrency market and do not intend to develop in this area.

They are not trying to develop cryptocurrencies per se but rather just the blockchain technology. It's quite common nowadays for financial institutions to tap on the power of blockchain, seeing that its use cases on their services would greatly speed up transactions and possibly improve security on their end. They're not the ones who wanted to employ such technology on their services as there are countless others waiting in queue for R&D about blockchain to put up significant results for their intended use cases.

Yes, agree. These established and known financial institution are very open to the blockchain technology. It is a must for them to keep in track with the newest technology. That is part of the business. They're thinking ahead of time, otherwise they'll be left behind.

[Palodar]

It's great, more sectors adopting blockchain then our lives could be come easier, blockchain got a huge potential to be very useful in helping us to do transaction, with it's transparency we can easily solve problem, and with the implementation it will help MasterCard to become more popular payment

More and more bank related companies will sure to adopt in crypto as the potential keeps bringing them into the idea of involvement and how beneficial it could be of they will try it.

[bettercrypto]

Blockchain is really an excellent technology that getting the attention of the well-established and strong institution such as Mastercard. It's a great move for Mastercard invest on blockchain in preparation for the future. We may never know how fast would blockchain technology take charge that maybe in 5 years time we are the world of blockchains.

[spongegar]

In a sense, blockchain is actually a very good technology for recording transactions and keeping track of any and every transaction across the world. It would also lessen fraud by KYCs and AMLs among other ways to protect customers. Besides, more investments on blockchains means more innovations on it in the future.

[automaticmoney]

after visa mastercard has biggest market share and mastercard dont want to left behind in technology evolution so master card is concentrating on blockchain technology. Master card getting involved in blockchain is positive sign for blockchain and cryptocurrencies all together the blockchain space got well established payments company

[Phildo]

Mastercard keeps searching for ways to provide a better service...
Read more: https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/

If that news it true I think is a good news as many project now using Mastercard to their project in crypto maybe it will be big help for every one of us. And it's a nice step for Mastercard that they joined in blockchain.

How can we know that this news is valid or true? Is there any proof about this news? Actually i want only trust something that is announced by the actual team itself.
Well, i can see that many things on masterecard project can be improved with blockchain technology tho.

if i look at news side that has a good effect on bitcoin. with the news, it gives a good effect regardless of whether or not the news is true. but indeed i hope that the news is true, so that it has a real effect

The purpose of the news is to gather the important details and people will know how does it work. Well the most common side of the news is good side because it determine either a good effect of the action or not. At of this time it is always a specteculations we need to prove more effort on it.

What we are waiting for is only proof that that news it true or only valid news. But it is true if it will happen to then the effect of MasterCard that uses blockchain will be very good for all of us, and MasterCard users are very much in that case this will increase a lot of bitcoin users too and maybe it will be good news for all of us.

[johanesrobin]

Mastercard keeps searching for ways to provide a better service...
Read more: https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/

If that news it true I think is a good news as many project now using Mastercard to their project in crypto maybe it will be big help for every one of us. And it's a nice step for Mastercard that they joined in blockchain.

How can we know that this news is valid or true? Is there any proof about this news? Actually i want only trust something that is announced by the actual team itself.
Well, i can see that many things on masterecard project can be improved with blockchain technology tho.

if i look at news side that has a good effect on bitcoin. with the news, it gives a good effect regardless of whether or not the news is true. but indeed i hope that the news is true, so that it has a real effect

The purpose of the news is to gather the important details and people will know how does it work. Well the most common side of the news is good side because it determine either a good effect of the action or not. At of this time it is always a specteculations we need to prove more effort on it.

What we are waiting for is only proof that that news it true or only valid news. But it is true if it will happen to then the effect of MasterCard that uses blockchain will be very good for all of us, and MasterCard users are very much in that case this will increase a lot of bitcoin users too and maybe it will be good news for all of us.

I'm not sure about this news, even though this is very wanted by bitcoin users. must remain realistic and hope for this kind of news next year. we have lost a few percent of our assets.

[JohnBitCo]

If the news is reliable then it is very good. But honestly speaking, everything looks very suspicious, since a month ago I read news that Visa and Mastercard payment systems do not support the cryptocurrency market and do not intend to develop in this area.

They are not trying to develop cryptocurrencies per se but rather just the blockchain technology. It's quite common nowadays for financial institutions to tap on the power of blockchain, seeing that its use cases on their services would greatly speed up transactions and possibly improve security on their end. They're not the ones who wanted to employ such technology on their services as there are countless others waiting in queue for R&D about blockchain to put up significant results for their intended use cases.

Yes, agree. These established and known financial institution are very open to the blockchain technology. It is a must for them to keep in track with the newest technology. That is part of the business. They're thinking ahead of time, otherwise they'll be left behind.

This is a very good step for master card itself. If companies want to survive in market they need to adopt new technologies quickly else the companies will be left behind. Blockchain technology is the future and many companies have already realized this.

[chenhaonan]

I believe this is true. Smart companies will lay out the blockchain market ahead of time. I think there are still many companies involved in the cryptocurrency market. But now this is just experimentation, when the cryptocurrency market becomes healthy, they will invest heavily.

[Cosbycoin]

If the news is reliable then it is very good. But honestly speaking, everything looks very suspicious, since a month ago I read news that Visa and Mastercard payment systems do not support the cryptocurrency market and do not intend to develop in this area.

They are not trying to develop cryptocurrencies per se but rather just the blockchain technology. It's quite common nowadays for financial institutions to tap on the power of blockchain, seeing that its use cases on their services would greatly speed up transactions and possibly improve security on their end. They're not the ones who wanted to employ such technology on their services as there are countless others waiting in queue for R&D about blockchain to put up significant results for their intended use cases.

Yes, agree. These established and known financial institution are very open to the blockchain technology. It is a must for them to keep in track with the newest technology. That is part of the business. They're thinking ahead of time, otherwise they'll be left behind.

Ripple has been working with banks longer than any other crypto currency, we are talking about how the ETF can change bitcoin so much and that banks will pour money into bitcoin investors will love etf and so forth but ripple has been doing something similar for years now promoting their blockchain to the banks and helping them setup a system of transactions for far cheaper.

Mastercard realized that their system of transaction is costing a lot more than it should and now there are rivals to their system and if they do not innovate they will be left behind and soon there will be crypto systems everywhere making their system worthless hence they need to innovate and use blockchain to drop their charges as well otherwise they will be dust. It is not a shocking news that they are basically improving their ways to catch up with the times.

[Barbut]

If the news is reliable then it is very good. But honestly speaking, everything looks very suspicious, since a month ago I read news that Visa and Mastercard payment systems do not support the cryptocurrency market and do not intend to develop in this area.

They are not trying to develop cryptocurrencies per se but rather just the blockchain technology. It's quite common nowadays for financial institutions to tap on the power of blockchain, seeing that its use cases on their services would greatly speed up transactions and possibly improve security on their end. They're not the ones who wanted to employ such technology on their services as there are countless others waiting in queue for R&D about blockchain to put up significant results for their intended use cases.

Yes, agree. These established and known financial institution are very open to the blockchain technology. It is a must for them to keep in track with the newest technology. That is part of the business. They're thinking ahead of time, otherwise they'll be left behind.

Ripple has been working with banks longer than any other crypto currency, we are talking about how the ETF can change bitcoin so much and that banks will pour money into bitcoin investors will love etf and so forth but ripple has been doing something similar for years now promoting their blockchain to the banks and helping them setup a system of transactions for far cheaper.

Mastercard realized that their system of transaction is costing a lot more than it should and now there are rivals to their system and if they do not innovate they will be left behind and soon there will be crypto systems everywhere making their system worthless hence they need to innovate and use blockchain to drop their charges as well otherwise they will be dust. It is not a shocking news that they are basically improving their ways to catch up with the times.

You will see that eventually everyone will adopt blockchain, in one way or another. Bitcoin opened many doors, ripple is a new thing on the market, I earned a lot from ripple, I like them cause they are very active, and something always happening with ripple, you can read about it everywhere. Everything starts with adopting one coin, soon after that second coins comes, in the end everyone will use cryptocurrencies, my point is that its good to have bitcoin, its also good to have ripple, its awesome to have many cryptocurrencies in your portfolio.

[yusupjatigumilar]

mastercard is one of the giant financial companies in the world, almost all countries in the world use its products, so in my opinion if mastercard is currently investing in the blockchain then this will be a trigger for prices that will skyrocket and be very profitable in the future

[Ranly123]

Mastercard keeps searching for ways to provide a better service...
Read more: https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/

It is not only MasterCard but there are also other Banks that adopt to blockchains. But with these good news we see, it is still not good enough for another bullrun and we should still be patient on the current market.

[South Park]

Mastercard keeps searching for ways to provide a better service...
Read more: https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/

Many institutions have a great interest in the blockchain, after all it is a great invention but they are not interested in blockchains that are free for everyone to use, banks are interested in creating private blockchains and that can be dangerous since the blockchain like any tool can be used for our benefit or against us, so they are probably trying to find ways to destroy it so they can kill this market while they still can.

[noormcs5]

Mastercard keeps searching for ways to provide a better service...
Read more: https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/

It is not only MasterCard but there are also other Banks that adopt to blockchains. But with these good news we see, it is still not good enough for another bullrun and we should still be patient on the current market.

Bull run is a result of manipulation by the whales. It cannot happen only with such positive news. That's the reason that we are still seeing low bitcoin prices even though bitcoin is more massively adopted as compare to last year. Bitcoin will pump only when whales will pump it.

[mcTether]

Mastercard keeps searching for ways to provide a better service...
Read more: https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/

If big financial services like MasterCard, Verve Card and Interswitch can inculcate blockchain in their business, it will also give more credence to whatever we are doing in crypto as well.

[Akpuv]

Mastercard keeps searching for ways to provide a better service...
Read more: https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/

I applaud MasterCard for this their decision. The competition it will create with other similar services will help to strengthen the blockchain technology further.

[South Park]

Mastercard keeps searching for ways to provide a better service...
Read more: https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/

If big financial services like MasterCard, Verve Card and Interswitch can inculcate blockchain in their business, it will also give more credence to whatever we are doing in crypto as well.

We do not need those companies to give credence to what the developers are doing, their blockchains are going to serve them only to themselves and we will be unable to see what they do with it and it is likely that anything they discover they will keep it private or they will try to get patents over their discoveries, so whatever they are doing that does not benefit us in any way.

[cizatext]

Master card investing in blockchain does not mean much to the cryptocurrency world because blockchain is a wide rang of service network and cryptocurrency is just one of them. Why am making this point is what we witness in the cryptocurrency network where visa and MasterCard did not support cryptocurrency related transactions.

[Wasimalik]

Mastercard keeps searching for ways to provide a better service...
Read more: https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/

Mastercard is really looking forward to adopt blockchain and i hope in near future they will do more and more in blockchain.