Mastercard Teams Up with Polygon, Solana, and Ava to Launch Mastercard Crypto Credentials
Mastercard has taken another significant step towards blockchain technology at the Consensus 23 event. The payment giant, in collaboration with Polygon, Solana, Ava, and other blockchain companies, has launched a new system called Mastercard Crypto Credentials, aimed at enhancing trust in the blockchain ecosystem. The innovative system is designed to improve verification in enterprise, ticketing, NFTs, and other payment solutions. Furthermore, the Head of Crypto and Blockchain at Mastercard, Raj Dhamodharan, has highlighted that the company plans to integrate the system into various Mastercard initiatives, including its work with Immersve, Mastercard Music Pass NFT, and Mastercard Artist Accelerator offers. The partnership with Polygon, Solana, and Ava firmly establishes the potential for this groundbreaking technology.