November 5, 2018
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Mastercard, a company that once warned that the risks of digital currency outweigh the benefits, has released two new blockchain APIs to promote collaboration and innovation in the digital exchange of value. Through its Mastercard Labs arm, Mastercard has indicated the API release is just the start.
A look at the cryptocurrency market, with all its hype, failed ICOs, and questionable players, reveals an ecosystem comparable to that of the miners in the 1800s. In such an ecosystem, will a market for businesses providing tools and services (such as APIs) to the blockchain world thrive?