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.”