Foreign media: MasterCard set up a dedicated team to develop products related to cryptocurrency

According to the New York Post, MasterCard is building its own cryptocurrency team. Seth Eisen, senior vice president of MasterCard, said the company is looking for new ways to create value, and "researching blockchain and cryptocurrencies is part of these activities." CreditCards.com analyst Ted Rossman believes that MasterCard now not only wants Be a bank card payment company, but want to be a technology company; LowCards.com CEO Bill Hardekopf said that MasterCard "has seen a lot of activity in this area. Even if it does not provide its own cryptocurrency, they know It is important that people who are knowledgeable are involved.” It is reported that the team's main task is to track encryption market trends and develop new products and solutions related to cryptocurrencies.