Mastercard Announces Blockchain APIs for Developers

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Not to fall too far behind Visa in terms of Blockchain Innovation, Mastercard, with little press or fanfare, has added three Blockchain APIs to its developer site.

  • Blockchain Core API – Run your own Blockchain nodes, define your own transaction types, and manage your participation in a Blockchain network.
  • Smart Contracts API – Write custom scripts using Mastercard’s smart contract language for use in your custom Blockchain applications.
  • Fast Pay Network API  – Understand your instantaneous net position, do real-time reconciliation, execute settlement and generate your own custom reports.

From the site:

“Mastercard Blockchain facilitates new commerce opportunities for the digital transfer of value by allowing businesses and financial institutions to transact on a distributed ledger.  Our technology can power multiple use cases and can help take time, cost and risk out of financial flows.”

 

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Founder of Blockchain News and The Hackitarians Foundation, Richard Kastelein is an award winning publisher and editor, hackathon organiser and entrepreneur. He has written over 700 articles at Blockchain News, has a massive network in the Blockchain arena and is available as a speaker and consultant. (richard@the-blockchain.com) Kastelein has spoken (keynotes & panels) on technology at events in Amsterdam, Barcelona, Belfast, Berlin, Brussels, Brighton, Copenhagen, Cannes, Cologne, Curacao, Frankfurt, Gdansk, Hollywood, Hilversum, Geneva, Groningen, London, Las Vegas, Leipzig, Madrid, Melbourne, NYC, Oxford, Rio de Janeiro, Sheffield, San Francisco, San Jose, Sydney, Tallinn, Vienna, and Zurich. A Creative Technologist & Canadian (Dutch/Irish/English/Métis) his career began in the Native Press (Canadian Arctic) and he later spent a decade in the Caribbean media. Currently, he writes occasionally for Wired Insights, Guardian & Virgin and his articles have been translated into Dutch, Greek, Polish, German & French.