MasterCard, the giant of financial services, which we often heard in the crypto community with the patents he received about the blockzincir, was deemed worthy of a new patent.
In December 2016, MasterCard made a patent application for a system that facilitates anonymous processes on the Bloczincir Network to the American Patent and Brand Office (USPTO). This patent was finally presented to Mastercard today.
According to Mastercard, the “transparent” structure of ordinary blockzincir processes prevents the adoption of this technology for daily payments. The problem of this situation applies to both businesses and customers. In part of the patent, the following words pass:
“… Therefore, it is clear that there is a need for a technical solution that will ensure both the safety and reliability of the process details at the same time, and that it is impossible to ensure that it is impossible to follow by others…”
Many crypto currencies, especially Zcash and Monero, can perform “anonymous” money transfer. Bitcoin’s Lightning Network also promises to increase anonymity.
However, although MasterCard is not explained in detail on the patent, he wants to make transfers without using any publicly open crypto currencies, and he wants to host the ability to monitor illegal movements while doing so…
Mastercard has recently received a patent for the use of blockyin in card payments…
