President of Mastercard China: Mastercard ranks third in the world in the number of blockchain patents and patent applications

At the Mastercard 2019 Summit on December 4, Chang Qing, President of Mastercard China, stated that the company has been committed to developing a payment model that can fully connect consumers, merchants, financial institutions, governments and technology providers. One of the technologies that bless this model is the blockchain. He revealed that Mastercard currently ranks third in the world in the number of blockchain patents and patent applications. In addition to cross-border business, Mastercard also divides China's payment bonus through cooperation with domestic institutions.