Tag: mastercard

  • Mastercard
    Blockchain

    Mastercard Wins Patent for “Managing Fractional Reserves of Blockchain Currency”

    Mastercard has won a patent for fractional cryptocurrency banking, which suggests the global payments multinational has plans for a management system of fractional reserves of blockchain currency. Mastercard Blockchain Patent Integrates Existing Traditional Payment Networks with Blockchain Currencies The patent, filed on 29 June 2018, refers to “the...

    Ricardo Esteves | October 29, 2018 | 8:00 pm
  • Industry

    Visa CEO: We May Move To Adopt Crypto Assets

    Amid Mastercard’s unexpected push for a patent outlining “fractional reserve” banking for crypto assets, the CEO of Visa has claimed that cryptocurrencies aren’t a pertinent threat to the stability of legacy financial systems. Al Kelly: Bitcoin, Cryptocurrency Aren’t Immediate Threats To Visa Months after claiming that the “sun...

    Nick Chong | October 26, 2018 | 11:07 am
  • Mastercard
    Blockchain

    Mastercard is Exploring Blockchain Technology to Improve Payments Service

    Mastercard’s research and development wing is looking into the implications of blockchain and other cutting-edge technologies to increase general efficiency at the firm. The Ireland-based subsidiary of the international payments giant has been responsible for various innovations in the six years since its formation. Mastercard Labs Innovating in...

    Rick D. | September 26, 2018 | 10:15 pm
  • Token
    Bitcoin

    Mastercard CEO Calls Crypto “Junk” for Lack of Transparency and Stability

    The president and CEO of Mastercard has called cryptocurrencies “junk,” arguing that they don’t deserve to be considered as a medium of exchange. Ajay Banga was making his comments at the New India Lecture organized by the Indian Consulate in New York in partnership with the U.S.-India Strategic Partnership Forum...

    Ricardo Esteves | July 26, 2018 | 6:30 pm
  • Sponsored

    Fiat and Crypto Exchange in One Place, Fast and Easy Access

    What does Cryptology do differently?  Using a web exchange for currency trading combining fiat and tokens together. An international team of crypto enthusiasts has recently launched a new project called Cryptology, an exchange platform simplifying your investing and crypto trading processes. Cryptology Exchange aims to create a truly...

    Guest Author | July 2, 2018 | 6:49 pm
  • mastercard
    Industry

    Mastercard Recognises the Influence of Cryptocurrencies

    Mastercard released their 2018 Q1 financial results on May 2 showing record first-quarter net income of $1.5 billion and revenue of $3.6 billion. They attributed some of this success to the December and January boom in cryptocurrency prices as they expect results to drop following the recent bear market....

    tim copeland | May 4, 2018 | 6:00 pm
  • Litecoin
    Crypto

    Litecoin Takes a Dip as LitePay Ceases Operations

    Litecoin has taken a significant price hit since promised payment processor LitePay has informed them that it has closed up shop. What Went Wrong? On Monday, March 26 the Litecoin Foundation, a non-profit dedicated to the advancement of Litecoin and an investor in LitePay,  announced on its website that...

    John McMahon | March 27, 2018 | 6:48 am
  • mastercard
    Industry

    Mastercard Will Support Government Backed Cryptocurrencies but Not Junk

    Mastercard has announced that it is receptive to using nationally backed central bank issued digital currency in the future while holding on to its stance that all others are “junk”, The Financial Times reported. Mastercard Will Deal With National Digital Currency In an interview with the FT Ari...

    John McMahon | March 20, 2018 | 8:00 am
  • patent
    Bitcoin

    Bank of America Holds 45 Crypto-Related Patents

    A patent grants its holder exclusive rights to an invention, such as a piece of technology, for a certain period of time. While designed as a means of protecting the intellectual property of inventors, the system is not without its critics who believe that patenting deters innovation and...

    Thomas Delahunty | February 17, 2018 | 12:30 am

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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