Executive Vice President of the company #Mastercard Raj Dhamodharan, speaking at the North America Innovation Day event, called for looking at the blockchain industry not only as an area of investment.
Dhamodharan noted that the application of distributed ledger technology extends much wider and brings more benefits to the financial industry than it seems. It is capable of solving a number of important problems, including: the ability to store and move capital, conduct cross-border payments, and preserve value.
But it will be possible to realize this promising potential if blockchain technology solves the problems of security and interoperability, he concluded in his speech.