Mastercard Patent Would Put Credit Cards on a Public Blockchain

in #blockchain6 years ago

Payments giant Mastercard is exploring the use of public blockchains in securely verifying payment cards at the point of sale, public documents show.

According to a patent application filed with the U.S. Patent and Trademark Office (USPTO) and released on Thursday, Mastercard has come up with a conveyance and retrieval processes to verify users' payment credentials over a "publicly accessible blockchain."

Good article, it just seems to me that Mastercard is more aggressive then Visa in the blockchain field, they seem to be making moves everyday, if I had to buy one of them for a long term investment, all other things being equal, I'd have to go with Mastercard.

Read the full article here...
https://www.coindesk.com/mastercard-patent-would-put-credit-cards-on-a-public-blockchain/

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