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Kriptoteka > Market > Blockchain > Mastercard Launches Initiative to Support Blockchain Startups
Blockchain

Mastercard Launches Initiative to Support Blockchain Startups

marcel.mihalic@gmail.com
Last updated: September 11, 2024 3:56 am
By marcel.mihalic@gmail.com 2 Min Read
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Recently, Mastercard has introduced the Start Path program, aimed at promoting innovation within the blockchain and digital asset sectors. This initiative is designed to assist startups by equipping them with essential tools and networks needed to thrive in the rapidly changing tech environment.

The program provides a distinctive platform for these startups to engage with Mastercard’s vast network of partners and clients, fostering collaboration and visibility.

Inclusion of Notable Startups

Mastercard has officially onboarded five pioneering startups into the program: Kulipa, Parafin, Peaq, Triangle, and Venly. Each company offers a unique perspective on blockchain solutions, ranging from enhancements in payment systems to improved security measures in the digital asset realm.

The startups involved gain considerable advantages from the four-month collaboration period, during which they receive direct access to Mastercard’s technological insights, expertise, and market presence. This not only speeds up their development processes but also offers them a significant endorsement from a leading global financial entity.

Mastercard’s Dedication to Innovation

This program highlights Mastercard’s dedication to incorporating cutting-edge technologies like blockchain into their operations. By empowering startups, Mastercard promotes innovation and adapts to the digital shifts that are reshaping the financial industry.

As Mastercard broadens its engagement with blockchain technology, the Start Path program is positioned to be instrumental in fostering the next generation of technological entrepreneurs, ultimately aiding in the creation of a more interconnected and efficient global economy.

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