Mastercard: Already protecting customers with programmability of NFT certificates and digital Hong Kong dollars
Ashok Venkateswaran, the head of Mastercard's blockchain and digital asset division in the Asia-Pacific region, stated that programmability is an important form of trust in the digital world. It is helpful for regulatory agencies, banks, and individual users. Regulatory agencies can use programmability to develop regulations for tokens, and banks can use programmability to ensure the automation of some processes, reduce manual processing, and ensure that customers receive online ordered goods. Mastercard is testing in the Digital Currency Pilot Program at Cyberport, adding NFT certificates to authentic brand-name watches, and using the programmability of Cyberport to authenticate that only authentic goods can be successfully traded, thereby protecting customers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gaming Tokens Gain 28%, SAND, APE, and AKsS Lead Rally
Blockchain to be used to count votes in Romanian presidential elections
Sui Blockchain's Record Performance Sends Token Price to $3,46
CYBRO Shows 500% Growth Potential, Eclipsing Solana and Toncoin