Mastercard’s Start Path Adds 5 Blockchain Startups

Mastercard, a global leader in payments, has introduced five Blockchain startups to their ‘Start Path Blockchain and Digital Assets program’ as part of their efforts to integrate blockchain technology into the finance sector.

The program aims to bridge traditional financial systems with emerging blockchain solutions, facilitating innovation in the space. Mastercard has welcomed Kulipa, Parafin, peaq, Triangle, and Venly to the program, focusing on addressing specific issues through trials and use cases such as crypto payments, blockchain software, and decentralized networks. These trials will explore various currency formats, including regulated money, bank deposits, stablecoins, and CBDCs, to address real-world challenges.

Startups selected for the program receive four months of collaboration, training, and access to Mastercard’s resources. Since its inception in 2014, the Start Path program has supported over 400 startups across 54 countries.

In recent initiatives, Mastercard has partnered with Kima for a DeFi credit card and formed alliances with major banks to test distributed ledger technology. Additionally, they’ve launched a debit card with cryptocurrency-to-fiat bridge functionality, promoting the integration of cryptocurrencies into daily transactions.

These initiatives underscore Mastercard’s commitment to fintech and blockchain, driving innovation in digital payments and financial services.

Source: cryptotimes.io

Hello there! I'm a 21-year-old university student majoring in Finnish and Korean Language and Literature. I have a deep passion for art and a profound connection to the natural world. My journey through life has been a colorful one, driven by my love for creativity, music, and the wonders of the great outdoors. As a dedicated student, I've already earned a degree in Classic Cantos, a testament to my appreciation for the timeless beauty of classical music. Beyond the classroom, my artistic spirit thrives through my love for painting and drawing. These creative outlets allow me to express my thoughts and emotions, transforming blank canvases into vibrant stories. My interests go far beyond music and art. Singing, playing the piano, and exploring new melodies are integral parts of my life, providing me with both solace and exhilaration. When I'm not immersed in the world of art and music, I find solace in nature's embrace. My heart is drawn to animals and the serene beauty of the natural world, fueling my desire to protect and preserve our precious environment.
Hipther

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