Mastercard opens blockchain API to developers

Mastercard has opened up its blockchain technology to developers who want to test their own solutions. The company is looking to spur on development in the B2B space, saying that its technology is designed to increase speed, transparency and costs in cross-border payments. "By combining Mastercard blockchain technology with our settlement network and associated network rules, we have created a solution that is safe, secure, auditable, and easy to scale," Mastercard Labs executive vice president Ken Moore said in a blog post. "When it comes to payments, we want to provide choice and flexibility to our partners where they are able to seamlessly… [Continue Reading]