Mastercard, the first company wins a patent to speed up Cryptocurrency Transactions
Date 18/7/2018 is a historical day for crypto lovers because Mastercard won a U.S. patent on Tuesday for a method of speeding up cryptocurrency payments. They are trying for this patent for more than 3 years.
Now the transactions themselves would use the fiat currency's payment rails and security features, but each transaction would represent a cryptocurrency.
That’s a good news.
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Patents are good. That's good news for the crypto world.