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Ashok Venkateswaran, Mastercard's Blockchain and Digital Assets Head for the Asia-Pacific region, highlighted the significance of programmability in the digital world during the Hong Kong Fintech Week forum. He emphasized that programmability offers advantages for regulators, banks, and individual users, enabling regulators to establish rules for tokens and banks to automate processes for efficiency and customer protection. Additionally, Venkateswaran mentioned Mastercard's pilot program in Cyberport, where non-fungible token (NFT) certificates are being tested on authentic luxury watches. By leveraging the programmability of digital Cyberport dollars, this approach ensures that only genuine products can be successfully traded, enhancing customer protection. #NFT #mastercard
Ashok Venkateswaran, Mastercard's Blockchain and Digital Assets Head for the Asia-Pacific region, highlighted the significance of programmability in the digital world during the Hong Kong Fintech Week forum. He emphasized that programmability offers advantages for regulators, banks, and individual users, enabling regulators to establish rules for tokens and banks to automate processes for efficiency and customer protection.
Additionally, Venkateswaran mentioned Mastercard's pilot program in Cyberport, where non-fungible token (NFT) certificates are being tested on authentic luxury watches. By leveraging the programmability of digital Cyberport dollars, this approach ensures that only genuine products can be successfully traded, enhancing customer protection.

#NFT #mastercard
Mastercard Plans Web3 Collaborations With Self-Custody Wallet Firms The payments processor is working with MetaMask and Ledger among others, according to a Web3 Workshop presentation. “Mastercard is bringing its trusted and transparent approach to the digital assets space through a range of innovative products and solutions – including the Mastercard Multi-Token Network, Crypto Credential, CBDC Partner Program, and new card programs that connect Web2 and Web3," a Mastercard spokesperson said via email. Large credit card networks are moving ahead with crypto despite tough market conditions and regulatory uncertainty in places like the U.S. Earlier this year, Mastercard made clear its Engage program will focus on bringing new crypto card programs to market. Visa, meanwhile, has been working with stablecoin USDC and the Solana blockchain for cross-border payments and exploring ways to smooth out wrinkles like paying Ethereum gas fees. “Users want a simple solution – seamless transactions without pre-funding, without spending crypto and without having to deal with taxes,” it said. #Web3 #mastercard #CryptoNews #BinanceSquare $BTC $TRB
Mastercard Plans Web3 Collaborations With Self-Custody Wallet Firms

The payments processor is working with MetaMask and Ledger among others, according to a Web3 Workshop presentation.

“Mastercard is bringing its trusted and transparent approach to the digital assets space through a range of innovative products and solutions – including the Mastercard Multi-Token Network, Crypto Credential, CBDC Partner Program, and new card programs that connect Web2 and Web3," a Mastercard spokesperson said via email.

Large credit card networks are moving ahead with crypto despite tough market conditions and regulatory uncertainty in places like the U.S. Earlier this year, Mastercard made clear its Engage program will focus on bringing new crypto card programs to market. Visa, meanwhile, has been working with stablecoin USDC and the Solana blockchain for cross-border payments and exploring ways to smooth out wrinkles like paying Ethereum gas fees.

“Users want a simple solution – seamless transactions without pre-funding, without spending crypto and without having to deal with taxes,” it said.

#Web3 #mastercard #CryptoNews #BinanceSquare $BTC $TRB
Mastercard has launched a music artist program on the Polygon blockchain, called MATIC, which aims to support and promote musicians. #mastercard #polygon
Mastercard has launched a music artist program on the Polygon blockchain, called MATIC, which aims to support and promote musicians.
#mastercard #polygon



Mastercard To Allow Cryptocurrency Payments In Web 3.0 Using USDC Payments giant Mastercard has partnered with Immersive to allow users to make crypto payments in the digital, physical, and metaverse worlds. #mastercard #USDC #payments #Web3 #BTC
Mastercard To Allow Cryptocurrency Payments In Web 3.0 Using USDC

Payments giant Mastercard has partnered with Immersive to allow users to make crypto payments in the digital, physical, and metaverse worlds.

#mastercard #USDC #payments #Web3 #BTC
VISA and Mastercard postpone crypto partnerships until market conditions improve. Payment giants Visa and Mastercard are suspending new partnerships with cryptocurrency companies after a series of high-profile crashes, Reuters reports. #Binance #crypto2023 #visa #mastercard
VISA and Mastercard postpone crypto partnerships until market conditions improve.

Payment giants Visa and Mastercard are suspending new partnerships with cryptocurrency companies after a series of high-profile crashes, Reuters reports.

#Binance #crypto2023 #visa #mastercard
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