Newslink: Mastercard Patents a Method to Manage Cryptocurrency “Fractional Reserves”

in #newslink6 years ago

Mastercard has patented a method to manage cryptocurrency “fractional reserves”. The big idea behind it seems to be that users will be able to pay with fiat on credit cards partly backed by crypto assets using a centralized system offering faster transaction conformation speeds.

https://news.bitcoin.com/mastercard-patents-a-method-to-manage-cryptocurrency-fractional-reserves/

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