08/06/2018: Biggest Stories in the Cryptosphere
▻https://hackernoon.com/08-06-2018-biggest-stories-in-the-cryptosphere-9aba9ff870c?source=rss---
by BlockEx1. Mastercard To Use Public #blockchain For Its Credit CardsMastercard has filed a patent with the U.S. Patent and Trademark Office (USPTO) to establish a public blockchain to authenticate payments carried out with their credit cards at the point of sale. Users’ payment credentials would be corroborated over a blockchain platform that anyone would have access to. The two-method system would be integrated with point-of-sale devices to obtain fully secured transactions. It is estimated that card providers lose $2 billion every year due to card skimming. This patent could be the answer to the issue.2. Korea’s Biggest Crypto Exchange Cleared by GovernmentBithumb, the biggest crypto exchange in South Korea, has been cleared by the local government of any illegal activity. Financial (...)