Last year, Mastercard CEO Ajay Banga called cryptocurrency garbage because they are issued not by the Central banks of States. The company is prepared to use the blockchain and already introduced the technology to the payment network for business. Now Mastercard has decided to hire 175 developers, including specialists in the distribution register. This writes Toshi Times.
Mastercard introduces the blockchain
We are talking about the expansion of the staff in the office Mastercard, which is located in the Irish Leopardstown. New employees will create a more efficient payment solutions, including on the basis of the blockchain, the company said.
Other items the company did not disclose. In addition to payment solutions for business, Mastercard is developing a system of instant payments, which also works on the basis of the distribution of the registry.
Now Mastercard allows you to work with cryptocurrency, but sets several conditions. For that Mastercard wants cryptocurrency compliance with all regulatory requirements and the ability to track operations, said the Corporation’s chief Executive Ari Sarker. According to him, the company is ready to cooperate with approved regulators not anonymous coins and crypto-currencies, issued by Central banks.
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