On June 29, it was reported that the payments giant was planning to launch a “Multi Token Network” in beta in the UK over the next few months.
Mastercard executive vice president and head of crypto and blockchain, Raj Dhamodharan, described it as an “app store powered by blockchain technologies for building regulated financial applications.”
Mastercard Delving Deeper into Crypto
The Mastercard’s MTN will give developers access to tools the credit card company has been developing this year.
These include a private version of the Ethereum blockchain on which the firm will encourage developers to build new applications, the report noted. Dhamodharan told Fortune that:
“A lot of the things people cover and talk about these days in crypto are the regulatory aspects of it and all the technology and investment as an asset and so forth,”
He added that the underlying technology that powers crypto is “actually quite useful.”
The company confirmed its commitment to crypto in the
We współpracy z: https://cryptopotato.com/mastercard-building-ethereum-based-blockchain-app-store-for-regulated-financial-apps/
