💳 Mastercard patent could allow Bitcoin transactions on credit cards
Mastercard won a patent that would allow payment with "fractional reserves of blockchain currency." The company's application recognizes the consumer demand for security and privacy, but also acknowledges the limitations of blockchain settlement times. The patent provides a potential solution for a service like Mastercard to close this gap and allow frictionless transactions with cryptocurrencies. No products using the technology are currently on the market.
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