Many companies are closely involved in the cryptocurrency industry. Among these companies, the payment company Mastercard stands out. This time, Mastercard came to the fore when it wanted to expand its crypto card connections. Finally, Mastercard is launching its Web3 user authentication solution to block malicious people.
In an explanatory video shared on Twitter, the firm outlined that Web3 and blockchain service providers have created a way to help secure transactions between verified users according to standards set by Mastercard.
Circular to banks in Hong Kong
Stating that their moves in the crypto space are nothing new and that they have done various studies before, Dhamodharan underlined that they focus on creating reliable ecosystems.
Mastercard said: "The solution is also designed to meet regulations and support the essential compliance required. To avoid potential attacks, it is necessary to reduce the risk of complete loss of funds. #Binance #bykaranteli #crypto2023 #mastercard #BTC
