Mastercard, which has partnered with many crypto companies and issued payment cards in the past years, has applied for trademarks for some categories in the cryptocurrencies and blockchain space. It is stated that the company has also developed a software to facilitate transactions in this area.

Making special agreements with many exchanges and crypto companies and issuing cards, especially during the 2021 bull season, Mastercard continues its progress in the crypto field.
According to Mike Kondoudis, a lawyer specializing in patents for companies, Mastercard has filed trademark applications for a software it has developed on crypto and blockchain. With this software, the company wants to create a system where VASPs can easily transact with each other.
It is stated that Mastercard, which aims to connect VASPs, also known as virtual asset service providers, to each other seamlessly and thus to perform crypto money transactions without any problems, has developed an API software that is easy to install on devices. Thanks to the software, communications in blockchain networks will be verified during cryptocurrency transactions, thus ensuring that crypto transactions between VASPs are also seamless.
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