MasterCard is collaborating with cryptocurrency payment app MoonPay to explore Web3 technology.
According to the statement made at the Money20/20 event in Las Vegas, MasterCard will use blockchain-based Web3 technology. How to use it in customer relations started working with MoonPay to explore.
In recent years, companies such as Visa and Mastercard have done various studies on Blockchain and Web3 technology. MasterCard recently collaborated with Ripple and Web3 company ConsenSys, which is developing a platform for central bank digital currencies.
MoonPay will also benefit from Crypto Credential established by MasterCard. MasterCard Crypto Credential creates a set of common standards and infrastructure that helps verify interactions between consumers and businesses via blockchain.
“We are excited to partner with MasterCard, a leading supporter of Web3 and the digital economy, to redefine customer interaction,” said MoonPay CEO Ivan Soto-Wright. said.