October 31, 2016Blog Posts

Mastercard releases blockchain APIs



Not to be outdone by rival Visa, Mastercard is stepping up its interest in distributed ledger technology, quietly adding three blockchain APIs to its developer site. Mastercard says that its blockchain “facilitates new commerce opportunities for the digital transfer of value by allowing businesses and financial institutions to transact on a distributed ledger”. Developers from places like banks and retailers are now free to access a core blockchain API, smart contracts API and fast pay network API, with Mastercard inviting them to experiment in areas P2P, P2M and B2B payments, as well as trade finance and supply chain.


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