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Don’t Care for Bitcoin, Only Blockchain, Says MasterCard President for Operations & Technology

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Rob Reeg, boss for operations and record during multinational payments hulk Mastercard has suggested that while a association is invested in blockchain technology, he doesn’t caring for Bitcoin.

The tellurian payments landscape is essentially dominated by Visa and MasterCard, in that order. In a time where a disruptive new creation like Bitcoin has already scaled and survived over many observers’ expectations, it is maybe advantageous that a giants take notice.

Visa, for instance, summed adult 2015 in observant that bitcoin and blockchain became “more genuine than ever before”, as a year that saw blockchain as an creation that “the attention has to live with.” The payments personality has also particularly sought talent for building and researching practical currencies, blockchain and other rising remuneration technologies. Furthermore, a association is already pooling in engineers to rise blockchain technology, with one proof-of-concept already seeking participants among European banks.

Meanwhile, Mastercard also has a


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