Post
Topic
Board Economics
Merits 3 from 1 user
Re: Mastercard is investing in blockchain
by
Whosdaddy
on 03/11/2018, 10:26:02 UTC
⭐ Merited by Kevin77 (3)
No debts if this goes pass, it will even help the credit card generally. Also, it will create additional patronage to bitcoin.
If the news is reliable, then it is very good. Recently I read that even Elon Musk would like to introde the crypto to buy a Tesla.
All this makes us think of a wonderful future, and people should not be afraid to invest in crypto-currencies

Really?Are you posting this just to increase your post counts?
Mastercard is investing in the blockchain technology only to implement a higher level of security to it's own cards and transactions.They don't want to adopt any cryptocurrencies.Telsa is a big overhyped bubble and it's about to bankrupt soon.I don't want them to get involved into the crypto world.
Actually, looking at the article shared https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/ MasterCard is about to get a patent for managing partial reserves of digital assets which in this case we can classify as cryptocurrency. It was also mentioned in the article, that Accordingly, the use of traditional payment networks and payment system technologies in conjunction with cryptocurrencies on the blockchain can provide consumers and merchants with the advantages of a decentralized blockchain, while maintaining the security of account information and providing reliable protection against fraud and theft, so in a lot of ways, what they are really trying to look at is more like the integration of MasterCard and cryptocurrency as a form of payment.