Mastercard: Already protecting customers with programmability of NFT certificates and digital Hong Kong dollars

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Cointime2023/11/05 05:45

By:Cointime

Ashok Venkateswaran, the head of Mastercard's blockchain and digital asset division in the Asia-Pacific region, stated that programmability is an important form of trust in the digital world. It is helpful for regulatory agencies, banks, and individual users. Regulatory agencies can use programmability to develop regulations for tokens, and banks can use programmability to ensure the automation of some processes, reduce manual processing, and ensure that customers receive online ordered goods. Mastercard is testing in the Digital Currency Pilot Program at Cyberport, adding NFT certificates to authentic brand-name watches, and using the programmability of Cyberport to authenticate that only authentic goods can be successfully traded, thereby protecting customers.

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