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    News in brief

    Mastercard blockchain patent applications

    News in brief

    Mastercard has filed patent applications describing systems and methods for authorising and securing blockchain transactions using existing payment networks. “[The] use of traditional payment networks and payment systems technologies in combination with blockchain currencies may provide consumers and merchants the benefits of the decentralized blockchain, while still maintaining security of account information and provide a strong defense against fraud and theft,” the payments company says.

    Filed by Email Christopher Brown nfcworld.com Published • Last updated 30 November 2016, 09:11

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