Blockchain, Daily News, Instant payment, Instant Payments, Instantaneous Payment, Issuing & Acquiring, Mobile Remittance, Remittance -

Mastercard files patent for blockchain-based money transfer

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The patent describes A method for processing a guaranteed electronic transaction, includes: storing account profile, each include an account number and balance; receiving a transaction message [...]

The post Mastercard files patent for blockchain-based money transfer appeared first on Payments Cards & Mobile.