Mastercard and R3 offer a cross-border blockchain payment solution

Mastercard has teamed up with R3 to develop and test a new blockchain-enabled cross-border payment solution Jane Connolly.

With Mastercard as the network operator for the processing, handling and handling of international payments, the partnership will leverage R3’s Corda ecosystem, which connects 300 of the world’s leading financial services companies, technology companies, central banks, trade associations and regulators.

Initially, the project will focus on connecting global …

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