Another win for crypto: Bank giants fined billions for malpractice
Reports are surfacing that major banks could be fined as much as $400 billion by 2020 for malpractice.
Reports are surfacing that major banks could be fined as much as $400 billion by 2020 for malpractice.
MasterCard has been granted a patent by the U.S. Patent and Trademark Office for a system and method for managing "fractional reserves of blockchain currency," also known as cryptocurrency.
Payments giant Mastercard has secured a handful of new blockchain patents, including protection for a system designed to process anonymous transactions on the blockchain.
The payments conglomerate Mastercard is looking to enter the crypto space in a big way as it adds new nodes to its blockchain network.
One of the world’s largest credit card institutions has finally come out in support of the money of the future, but with a huge catch.
Mastercard has become the latest multinational payments company to explore blockchain patents, after their most recent application was published.