One of Solana’s major rivals aptos (APT) recently partnered with Mastercard. Although the details of the scope of the partnership are not clearly known, the community began to make various speculations.
Aptos has come to the fore as a solution that is committed to contributing to the progress of payments in general. The project offers solutions in various areas such as payments, tickets, NFTs in general. In addition, for on-chain identity and verification service Mastercard Crypto CredentialIt is known to develop
According to the statements made, these new identities to be used in cross-border free fund flow between individuals; It will also include additional tools such as security, trust and verification.
The protocol currently aims to launch a pilot program in the US, Latin American and Caribbean countries. Serving as a blockchain, aptos is focused on making pioneering initiatives in the industry as well as promoting with the motto of benefit and innovation. The Mastercard team plays an important role in realizing these technological developments. getting ready.
7/ To kick off the program, @AptosLabs will build new identity, security, trust, and verification tools that enable the free flow of funds between individuals across borders – starting with their pilot for remittances sent between the USA, Latin America, and Caribbean countries!
— Aptos (@Aptos_Network) May 17, 2023
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Protocol has recorded a number of important collaborations and product launches over the past few months. While the Mastercard partnership is one of the biggest, it should be noted that Aptos also has an agreement with tech giant Google Cloud.
The partnership with Google Cloud will help open access to capital for innovators developing decentralized applications within the Aptos protocol.
In its efforts towards sustainability in innovation APT tokenappears to be the biggest beneficiary when long-term prospects are taken into account.
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