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Mastercard Looks to Blockchain to Make Coupons Immutable

Safi Bello

Coindesk --------- A new patent application from Mastercard suggests that the payments giant is eyeing blockchain as part of a way to verify the authenticity of consumer coupons. The application for a "Method and System for Authentication of Coupons via Blockchain" was published on May 31 by the U.S. Patent and Trademark Office (USPTO). It envisions utilizing the tech "specifically [for] the storage of coupon data in a blockchain to ensure redemption only by authorized individuals and immutability of coupon data." To learn more click on the picture below to read the article.

Mastercard Looks to Blockchain to Make Coupons Immutable - Read More from Coindesk

 
 
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