Mastercard Launches Start Path Digital Asset Plan To Accelerate Blockchain Innovation
On April 28, it was reported that Mastercard launched the Mastercard Start Path digital asset plan to expand innovative solutions and accelerate blockchain innovation. At present,
On April 28, it was reported that Mastercard launched the Mastercard Start Path digital asset plan to expand innovative solutions and accelerate blockchain innovation. At present, six start-ups including Axelar, Cheeze, Coala Pay, Qonbay, RociFi Labs and Suberra have joined the plan. Through the Start Path digital asset plan, start-ups can receive customized training, access Mastercard channels, customers and subject matter experts, and have the opportunity to conduct technical cooperation.
Mastercard launches Start Path digital asset plan to accelerate blockchain innovation
On April 28, 2021, Mastercard announced the launch of its Start Path digital asset plan. The company aims to expand innovative solutions and accelerate blockchain innovation through this program. Six new startups have already joined the initiative, including Axelar, Cheeze, Coala Pay, Qonbay, RociFi Labs, and Suberra. By participating in the Start Path digital asset plan, these startups can receive customized training, access Mastercard channels, clients, and subject matter experts, as well as explore technical collaborations.
What Is The Start Path Digital Asset Plan?
Mastercard’s Start Path digital asset plan is designed to support early-stage startups in the fintech industry that focus on blockchain technology. The program is open to startups from around the world, whether they’re in the idea, seed, or growth stage. Mastercard seeks to provide these startups with the help necessary to scale their businesses and establish themselves in the market.
Who Can Participate In the Start Path Digital Asset Plan?
The Start Path digital asset plan is open to startups that are working on innovative fintech solutions using blockchain technology. The startups can be at any stage of their development, from ideation to growth. The aim is to attract early-stage startups with strong growth potential and provide them with the support they need to scale their businesses.
What Are The Benefits Of The Start Path Digital Asset Plan?
The Start Path digital asset plan offers several benefits to startups. These benefits include:
Customized Training
Startups can receive customized training through the Start Path digital asset plan. They can attend various workshops, receive guidance, and access educational resources to help them improve their knowledge and skills.
Access To Mastercard Channels
Through the program, startups can gain access to Mastercard’s extensive network of channels, including clients, customers, and subject matter experts. They can also explore potential joint ventures or commercial partnerships with Mastercard.
Technical Cooperation
Startups can collaborate with technical experts from Mastercard to learn about the latest innovations and technologies in the industry. This collaboration can help startups better understand how to integrate blockchain technology with their products or services.
Participating Startups
Axelar is a decentralized network that allows blockchain systems to communicate with each other. Cheeze is a platform that uses blockchain technology to provide secure, decentralized, and transparent storage solutions. Coala Pay provides a payment processing solution that uses blockchain technology to ensure secure and transparent transactions. Qonbay is building a platform that connects investors with startups, using blockchain technology to provide transparency throughout the investment process. RociFi Labs uses blockchain technology to provide secure data storage solutions for businesses. Suberra is developing an autonomous, decentralized energy trading and settlement platform using blockchain technology.
Conclusion
Mastercard’s Start Path digital asset plan is an exciting initiative that aims to support startups in the fintech industry that use blockchain technology. By offering training, access to Mastercard’s vast network, and potential technical collaborations, Mastercard hopes to accelerate innovation in the industry. The six startups that have already joined the program are working on cutting-edge solutions that will shape the future of finance. With Mastercard’s support and guidance, these startups could become leaders in the financial technology industry.
FAQs
1. What is blockchain technology?
Blockchain technology is a distributed ledger system that allows for secure and transparent transactions. It uses cryptography to ensure that data is signed, verified, and stored in a decentralized manner.
2. How can startups benefit from the Start Path digital asset plan?
Startups can benefit from the Start Path digital asset plan in several ways. They can receive customized training, access Mastercard’s vast network, and explore technical collaborations. As a result, startups can improve their knowledge and skills, gain exposure to potential customers and partners, and gain valuable insights into the latest innovations and technologies in the industry.
3. How do startups apply for the Start Path digital asset plan?
Startups can apply for the Start Path digital asset plan by visiting the Mastercard website and submitting an application. Mastercard reviews each application and selects the most promising startups for the program based on their growth potential, innovation, and overall viability.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/19926.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
ApeCoin DAO Proposes New Administrator and Delegated Functions for APE Foundation
It is reported that ApeCoin DAO has launched a new proposal vote to elect a new administrator for the APE Foundation and perform certain functions in the Cayma…
-
#The Stable Bitcoin: Why Volatility Doesn’t Affect Bitcoin Holders
According to reports, Blockware Solutions, a Bitcoin hosting service provider, stated on social media that 53% of Bitcoin supply has not moved within two years. You won\’t find anot
-
What benefits can the Huobi public chain bring to HT?
What benefits can the Huobi public chain bring to HT? According to data from Hu
-
Coin security: The platform withdrawal function has been restored
According to reports, the cryptocurrency exchange, Coin On, announced that the withdrawal function of the platform had been restored.
Coin security: The platform withdrawal functio -
Federal Reserve Swaps Show Fed Interest Rates Will Peak at 4.96% in May
It is reported that the Federal Reserve swap shows that the Federal Reserve\’s interest rate will peak at 4.96% in May, which is not significantly different from before the announce
-
Terraform Labs Employees to Return to South Korea
It is reported that the South Seoul District Prosecutor’s Office is developing cooperation with overseas institutions to send Do Kwon and five other Terraform employees back to South Korea. All of these individuals were listed in the arrest warrants issued last September. These five individuals include Nicholas Platias, a former research director at Terraform Labs, and the former CEO of Chai Corporation. Chai is a South Korean based payment processing company founded by Terra co founder Daniel Shin or Shin Hyun seung. South Korea Expands Cooperation with Overseas Institutions to Promote Do Kwon’s Extradition Analysis based on this information:The South Seoul District Prosecutor’s Office is collaborating with overseas institutions to bring back six Terraform Labs employees including co-founder Do Kwon. These individuals are currently under arrest warrants issued in September last year in relation to a one billion dollar fraud investigation. The employees listed in the warrants include Nicholas Platias, a former research director at Terraform Labs and the former…
-
The European Parliament Passes Data Law with Implications for Encryption Industry
It is reported that on Tuesday, local time, the European Parliament passed the relevant legislation of the Data Law with 500 votes in favour and 23 against. The legislation and its provisions on smart contracts are not specifically targeted at the encryption industry, but some people in the industry worry that if the scope is not clearly defined, the data law may have a far-reaching impact on encryption, especially in the area of smart contracts. It is reported that smart contracts belong to the provisions of Article 30 of the EU Data Law, namely “basic requirements for smart contracts for data sharing”. The provisions include “strict access control mechanism” and trade secret protection integrated into the design of smart contracts. It is necessary to have the possibility of terminating or interrupting the transaction mechanism, and the legislator needs to decide under what conditions it is allowed to terminate or interrupt the transaction. （The Block） The European Parliament regulates smart contracts…
-
What does an iceberg commission refer to (iceberg technique)
What is iceberg entrustment? What is iceberg entrustment? Before the advent of Bitcoin, people were increasingly interested in blockchain technology and Cryptocurrency and other related concepts, making many people believe that this new technology can solve many pain points in the existing financial system. For example, Bitcoin is a virtual commodity (commonly referred to as a digital asset) generated through mining. But in fact, these new technologies are not really decentralized, but distributed network protocols developed and run based on Cryptography algorithms, consensus mechanisms and mathematical models. And this type of protocol can be used to achieve transactions that are different from traditional centralized payment and settlement methods, such as bank to bank transfers, cross-border remittances, and so on. Therefore, the term “iceberg commission” has emerged, as Bitcoin has high anonymity, vulnerability to hacker attacks, and high price fluctuations, which also makes its value difficult to estimate Iceberg TechniquesSlingshot is a strategy used to control the overall situation. It achieves…
-
Ark Invest Purchases Nearly $8.6 Million in Coinbase Stocks
According to reports, Ark Invest, a subsidiary of Cathie Wood, purchased nearly $8.6 million in Coinbase stocks yesterday. Among them, ARK Innovation ETF purchased 122083 Coinbase
-
Provence Blockchain Foundation Launches $50 Million Fund to Support Developers
On March 1, the Provence Blockchain Foundation, a blockchain technology platform, announced the launch of a $50 million funding plan for developers, which will…