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Mastercard Teams Up with Blockchain Firm R3 for Cross Border Platform

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Payment leader Mastercard (NYSE:MA) intends to expand a blockchain platform for cross-border settlements in collaboration with Ripple-backed fintech research company R3.

Over the course of the past few years, the cryptocurrency space has grown at a remarkably fast rate and after the hibernation of sorts in 2018, most cryptos have been back with a vengeance this year. One thing that needs to be mentioned in this regard is the way in which some of the world’s biggest companies have now identified the true power of blockchain technology. In a new development, payments processing giant Mastercard announced …

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