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MasterCard Files Several Blockchain-Related Patents as Interest Grows

MasterCard Files Several Blockchain-Related Patents as Interest Grows

MasterCard’s interest in blockchain technology has been peaking over the last couple of months. Now, recent reports indicate that the payment services giant is considering the use of blockchain to better keep track of consumer payments.

According to a recent patent filing, published by the U.S. Patent and Trademark Office, MasterCard explains how distributed ledgers can instantly record point-to-point transactions. The afferent data can then be used by organizations to compile logs consisting of purchased items.

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