Crypto Opinions & News Payments Giant Mastercard Launches ‘Blockchain App Store’ in Beta Amid Crypto Foray: Report

[MuzzMelbourne]

Content source

https://dailyhodl.com/2023/06/30/payments-giant-mastercard-launches-blockchain-app-store-in-beta-amid-crypto-foray-report/

Payments giant Mastercard is rolling out a new platform for blockchain-based applications as it expands its presence in the digital asset space.

In a statement to Fortune, Mastercard executive vice president and head of crypto and blockchain Raj Dhamodharan says the Mastercard Multi-Token Network (MTN) is an “app store powered by blockchain technologies for building regulated financial applications.”

MTN is similar to the Apple app store, but the platform provides developers access to Mastercard’s tools including a private version of the Ethereum (ETH) blockchain for building new applications.

Payments Giant Mastercard Launches ‘Blockchain App Store’ in Beta Amid Crypto Foray: Report - The Daily Hodl

Payments giant Mastercard is rolling out a new platform for blockchain-based applications as it expands its presence in the digital asset space.

dailyhodl.com