MasterCard wants to make electronic payments anonymous… with blockchain

2018-12-7 18:01

Just as the US Department of Homeland Security announced plans to develop forensic techniques to deanonymize cryptocurrency transactions, MasterCard has thrown a spanner in the works with plans for the exact opposite.

According to a recent patent application, the payment infrastructure provider wants to anonymize “electronic transactions via blockchain. ” The patent explains how the system would obscure the origin and amount of funds involved in a given transaction. MasterCard‘s idea sounds an awful lot like a mixer or tumbler – a system often used by cybercriminals to launder dirty cryptocurrency. Effectively, it works by providing a primary address for a…

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Источник: thenextweb.com

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GreatBritishPoundToken ICO

Shopping online is meant to be ease . . Online shopping 'unease' with foreign currencies? Anxious about the privacy of your Credit/Debit card information? 'GBPT' is an online store that will offer electronic products from the top 10 Electronics brands and some more with most used products, not only this but also will offer the Best Bitcoin Mining Hardware (Bitmain).

2018-11-27 16:02


Top Cryptocurrency Coins Are Challenging MasterCard and Visa’s Merchant Payment Duopoly

How Cryptocurrencies Are Challenging The MasterCard And Visa Duopoly It is unheard of for a multinational, let alone two multinational heavyweights to lose out in a court case. What is even rarer, is when the court case forces them to part with settlement costs totalling $6 billion. Earlier this week, the Business Press released a […]

2018-9-21 20:06


Google, Amazon, Bank of America, Mastercard, IBM and Microsoft Blockchain Patents are Piling Up

Top Big Tech Companies Working On Blockchain The blockchain technology that drives cryptocurrencies has been among the most significant news items in the past three years. With the explosive price spike of Bitcoin last year, the cryptocurrency markets have become the center of financial attention in many parts of the world. But the underlying technology […]

2018-9-21 19:35


Фото:

Op-ed: Multi-Token Connectivity Is The Next Step for Global Blockchain Adoption

Thanks at least in part to Bitcoin’s incredibly bullish trend over the past 12+ months, cryptocurrencies are experiencing daily discussion within the public. With companies as large as Goldman Sachs and MasterCard opening blockchain divisions, it’s no secret that distributed ledger technology has massive application potential.

2018-8-21 14:36


Ajay Banga, CEO of MasterCard Tags Cryptocurrency A “Junk”

The president and CEO of Mastercard Ajay Banga, tags cryptocurrency as an anonymised currency that fluctuates anyhow and also a junk. This view he made known while expressing his opinion on the cryptocurrency, international community and trade, at the ‘New India Lecture’ held at Indian Consulate under the Guidance of Consul General Ambassador Sandeep Chakravorty.

2018-7-26 21:15


Prominent Investor: Bitcoin is Headed Towards New All-Time High, Bullish Momentum

As the price of bitcoin surpassed the $8,000 region, analysts and experts in the cryptocurrency sector have become more positive regarding the mid-term trend of major digital assets. Spencer Bogart: The Bitcoin Low Might Already Be In It was recently revealed that Mastercard had secured a patent for linking fiat bank accounts and cryptocurrencies.

2018-7-26 17:27


Cryptocurrency Payment Speed to Increase as MasterCard Scores Patent for the Necessary Technology

The U.S. Patent and Trademark Office officially granted MasterCard a patent for a method of increasing the speed of cryptocurrency transactions. The Need for Speed Published July 17, the patent explains the serious need for increasing the speed of cryptocurrency transactions based on the growing demand for the same. The patent also outlines a key

2018-7-19 01:17


Mastercard Files Patent to Link Fiat and Cryptocurrency Transactions

Payment titan Mastercard was awarded a patent for developing a method of linking cryptographic forms of money to fiat currency accounts. Mastercard Aims to Augment Cryptocurrency Adoption Granted by the United States Patent and Trademark Office (USPTO) on July 17, 2018, the patent details a structure that manages “fractional reserves of blockchain currency.

2018-7-19 22:00


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