Mastercard Looks to Blockchain to Make Coupons Immutable


A new patent application from Mastercard suggests that the payments giant is eyeing blockchain as part of a way to verify the authenticity of consumer coupons.

The application for a «Method and System for Authentication of Coupons via Blockchain» was published on May 31 by the U.S. Patent and Trademark Office (USPTO). It envisions utilizing the tech «specifically [for] the storage of coupon data in a blockchain to ensure redemption only by authorized individuals and immutability of coupon data.»

Read further

Mastercard Eyes Blockchain for Fighting Fake Identities


A newly published patent filing from Mastercard suggests that the payments giant is looking at blockchain as a way to safeguard identity data.

In an application released by the U.S. Patent and Trademark Office (USPTO) last Thursday, Mastercard describes a system in which a semi-private or private blockchain would be used to receive and store identity data, the pieces of which could include a «name, a street address, tax identification number» and more.

Read further