Mastercard Applies for Public Blockchain Patent

Disrupting industries worldwide, blockchain integration is finally making its way into the mainstream – attracting even the most established companies as a solution to structural inefficiencies. Announced on June 8th, 2018, Mastercard applied for patents to use a public blockchain.

Industry Giants Can’t Resist Blockchain

As a solution to payment friction, network validation, and peer-to-peer exchange, blockchain technology has proved a powerful application to countless industries. With cryptocurrency and decentralized technology becoming mainstream, more and more companies founded in traditional tech are moving to integrate blockchain into their existing infrastructures.

 

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