Mastercard applies for blockchain ‘instantaneous payment’ patent

14. November 2017.

“The present disclosure relates to the use of recorded guarantees for payment transactions for verification by acquiring institutions to facilitate instantaneous payment to a merchant involved in the payment transaction, specifically the use of a blockchain or other third party network for verification of a guarantee associated with the payment transaction.”

Read the rest of Mastercard applies for blockchain ‘instantaneous payment’ patent at NFC World.

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