In a press release posted on their website, MasterCard announced an expansion of their blockchain partner program. Basically, it will open access to their blockchain-based technology to banks and merchants.
When I'm saying "blockchain-based technology", I'm not referring to Bitcoin, Ethereum, or something like that, but to MasterCards private blockchain technology, announced last year.
Beyond the PR effect of such an announcement, I think this is a clear sign that, from a technological point of view, card processors are starting to accept that blockchain is the way to go. Although still very young, some blockchain-based technologies can process way more transactions than the current cards processors infrastructure.
Strategically speaking, the area between blockchains, or how blockchains are talking to each other, will become a very interesting sector in the next few years.
At least that's my opinion.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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