Mastercard has recently been actively involved in the Web3 space, and it has introduced a new feature called the Cryptographic Certificate. This feature enables users to verify their identities on its peer-to-peer (P2P) network, facilitating cross-border transmission and receipt of digital assets using blockchain technology. Additionally, it aims to address regulatory issues such as travel rules.
Mastercard introduces encrypted certificates to connect blockchain technology for cross-border digital asset transfers.