JUST IN: Global payments network Mastercard is piloting tokenized bank deposit applications with its new Multi-Token Network (MTN) testing ground. IanAllison123 reports
Mastercard is setting up a testbed, dubbed the Multi-Token Network , which will begin by exploring tokenized bank deposits, and which will be available in beta mode this summer in the U.K.
There have been a number of pilots and projects around the world involving different flavors of tokenized cash and associated applications, not to mention JPMorgan’s internal wholesale cash token,“What powers the global economy today is regulated money in the banks,” Dhamodharan said in an interview with CoinDesk.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A16z-backed Aztec Network joins forces with Nym to bolster network privacyAztec will incorporate Nym’s mixnet into its Layer 2 rollup, which supports transactional privacy.
Read more »
Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists SaySound macroeconomic policies like raising interest rates and bringing down the country's deficit could dampen Zimbabwe's currency instability, economists said.
Read more »
FTX Token (FTT) up 15%, Here's WhyFTX exchange reignites hope for creditors, with FTT token jumping in tandem
Read more »
Yield Protocol declares full recovery from Euler hack, awaits user token exchangeDecentralized finance protocol Yield Protocol has announced the last step in its recovery from a hack that cost it $1.5 million in March.
Read more »
Shibarium Gas Token BONE Added by Another Exchange, Price Goes GreenShibaSwap Bone price has gone green, while meme coin has been listed by another exchange platform
Read more »
Pepe (PEPE) Rally: Here's What's Really HappeningYes, $PEPE is showing an exceptional price performance, but there are a few factors investors should consider before entering again
Read more »