R3 and Mastercard Partners To Built Cross-Border Payment Blockchain

R3 and Mastercard Partners To Built Cross-Border Payment Blockchain

R3 (an enterprise blockchain platform) and Mastercard (a major global payment service provider) have joined to develop a commercial cross-border payments platform on open-source Corda Network. R3 CEO David E. Rutter said, “Cross-border payments can be a particular pain point. Corda was designed specifically for enterprise use cases such as this, and we look forward to supporting Mastercard in bringing blockchain-enabled payments.”

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