Crypto

Mastercard partners with JPMorgan’s Kinexys for blockchain-based foreign exchange on Token Network

Mastercard has announced a new partnership with Kinexys Digital Payments to enhance the speed and settlement capabilities of their MTN platform. This collaboration aims to unlock greater efficiency for the entire value chain, offering new use cases and leveraging the strengths of both organizations.

In a statement, Raj Dhamodharan, executive vice president of Blockchain and Digital Assets at Mastercard, expressed excitement about the integration. He highlighted the potential for increased speed and efficiency in transactions, as well as the innovative solutions that this partnership will bring to life.

This strategic partnership between Mastercard and Kinexys Digital Payments is expected to drive significant advancements in the digital payments space. By combining their expertise and resources, the two companies are poised to revolutionize the way transactions are processed and settled.

Overall, this collaboration represents a major step forward in the evolution of digital payments. With Mastercard’s MTN platform and Kinexys Digital Payments’ cutting-edge technology, the future of financial transactions looks brighter than ever before.

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Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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