Mastercard Applies for Another Patent on Blockchain

PURCHASE, N.Y.—Mastercard has applied for patent protection for another blockchain innovation.

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The patent request is for a platform that would allow anonymous blockchain transactions, using a somewhat familiar method, Coin Geek said. 

“In what has been likened to a coin mixing or tumbling service, the patent application published by the U.S. Patent and Trademark Office describes a system for splitting payments into separate transactions through a processing server to increase the anonymity of payments,” explained Coin Geek. 
According to the patent documentation, the Mastercard system would mean completely anonymous transaction data, Coin Geek said.

Section: Standard
Word Count: 190
Copyright Holder:
Copyright Year: 2019
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