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MasterCard has launched a “Start path” program to help crypto and blockchain startups

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Shivangi Mujumdar Follow

INDIA

Aug, 04 2021

Aug, 04 2021

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Mastercard has launched program “Start Path” global startup engagement. This was announced in New York while stating that it will work on crucial points like data accuracy, asset tokenization, digital security, and data security to name some. On July 27, Mastercard stated that this program will be started with an aim to offer customers a convenience to buy, sell and even hold cryptocurrencies.

About the Program

The “start path” program one of the initiatives of MasterCard will give benefits to companies. This program is a full-fledged network and technology-based program.  A total of 7 crypto-based startups have joined this program so far.

Each startup will be focused to work on the solution for the unique challenges that industry faces. For this, Mastercard’s expertise will offer better support for the continuous development on such solutions.

The digital platform with new technologies will boost up the network system of a company. After such innovative techniques of the start path program, Mastercard believes digital assets will shape the industry. Certainly, with such approach companies focused on cryptocurrency will have better growth.

The view of New Digital Infrastructure and Fintech - Jess Turner:

The executive vice president of New Digital Infrastructure and Fintech Jess Turner commented “Mastercard has been engaging with the digital currency ecosystem since 2015. As a leading technology player, we believe we can play a key role in digital assets, helping to shape the industry, and provide consumer protections and security. Part of our role is to forge the future of cryptocurrency, and we’re doing that by bridging mainstream financial principles with digital assets innovations.”

There are now payment giants such as PayPal Holdings Inc and Visa Inc. who are already been taking benefits of crypto frenzy


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Shivangi Mujumdar

CBW - External Analyst

INDIA

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