Mastercard to Apply Blockchain Tech to Fighting Fake Identities

in #blockchain • 6 years ago

Mastercard has joined the world’s fintech movement, filing a patent for a blockchain technology system. The US Patent and Trademark Office (USPTO) released an application stating this fact on April 12. Blockchain is seen as a key factor for safeguarding customers’ personal data.

"The use of a blockchain for the storage of identity and credential data may provide for an immutable storage of such data that can provide an accurate verification thereof and also prevent the fabrication of such data," Mastercard writes.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/mastercard-to-apply-blockchain-tech/

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#mastercard #crypto-news #news #ico
6 years ago in #blockchain by
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