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Mastercard recently announced five startups that will join its Start Path Blockchain and Digital Assets program. According to Mastercard, the Start Path Blockchain and Digital Assets program will analyze how local and online businesses make use of money as a mode of value transfer. The five startups absorbed into the program will try to solve real-world problems through the use of blockchain technology. As blockchain technology continues to disrupt different sectors, Mastercard is continuing to help startups develop usable solutions using the technology. In this round,  the Start Path program focused on promoting solutions with exemplary user experiences. Mastercard makes a Press Release In their recent press release, the digital finance and technology provider expressed its desire to nurture blockchain technology. In its PR, the company explained its plans to help Startups explore and scale toward new solutions using blockchain technology. Here’s an excerpt from the Press Release. “Mastercard is exploring future use cases to scale new solutions with startups around the world. High-potential blockchain, digital assets and Web3 startups receive the opportunity for collaboration, bespoke training and access to Mastercard’s customers and channels through the virtual four-month program. “ Also Read: Mastercard and Standard Chartered Tokenize Assets The Start Path program will encourage the usage of multiple technologies in Web 3 and blockchain. Start Path Beneficiaries The ongoing Start Path program has onboarded five startups, including Kulipa, Parafin, Triangle, Venly, and Peaq. Kickstarting the next generation of blockchain payments With @peaqnetwork joining the @Mastercard Start Path program for Blockchain and Digital Assets, the possibilities for the #DePIN community are expanding. This collaboration offers a bridge between the #DePIN sector and… pic.twitter.com/8q4QU48jMQ — ✇⍅Francesco⍆✇ (@francescoX222) May 15, 2024 Kulipa focuses on crypto payments using cards. Parafin is a startup that develops blockchain software technologies. Peaq primarily deals in decentralized physical…

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Filed under: News - @ May 16, 2024 2:20 pm