Mastercard adds blockchain card verification patent

Method and system for payment card verification via blockchain — USPTO — “The present disclosure provides a description of systems and methods for the conveyance and receipt of payment credentials to and at a point of sale device through the use of a third party data source. The use of a third party data source enables an individual to transact safely without concern for their payment credentials being skimmed from their payment instrument, or without having to even carry a payment instrument entirely.”

Comments Got something to add or correct? Let us know!