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Mastercard Seeks Blockchain-Based Payment Verification Patent

June 08, 2018
Mastercard
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Mastercard Seeks Blockchain-Based Payment Verification Patent

June 08, 2018
To verify payment cards at the point of sale (POS), Mastercard is looking into blockchain technology. In a filing with the U.S. Patent and Trademark Office (USPTO), the company said it has devised a process to send and retrieve payment credentials through a “publicly accessible blockchain,” CoinDesk reported. Through a two-way method, the system encodes […]