Mastercard’s Start Path Welcomes Five Startups to Develop Blockchain Use Cases

cryptonews.com:

Mastercard announced the selection of five startups to participate in its Start Path blockchain and digital assets program on Wednesday to foster innovation in blockchain technology and digital asset utilization.

As part of Mastercard’s new initiative, these startups will explore new ways to use money to address real-world challenges, enhance user experiences, and broaden the utility of blockchain technology.

Mastercard highlighted its experience constructing a global payments network, emphasizing its capability to connect regulated money, bank deposits, stablecoins, and central bank digital currencies (CBDCs) with startups. The program’s objective is to drive the development of new solutions that improve digital commerce user experiences.

Mastercard’s Start Path program will use blockchain technology’s unique capabilities by collaborating with industry experts and fintech startups to identify and develop use cases that address pressing societal needs.

Through the Start Path program, selected startups will gain access to special training, mentorship, and Mastercard’s network of customers and channels over four months. 

“Since the program was founded in 2014, Mastercard has supported more than 400 startups from 54 countries,” the press release noted.

#MastercardProgramm | We are proud to announce our participation in the @Mastercard Start Path program for Blockchain and Digital Assets startups.