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Mastercard Exec is Bullish on Crypto and Blockchain Technology -Breaking

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© Reuters. Mastercard Exec Is Bullish On Crypto And Blockchain Technology
  • Mastercard’s VP of New Product Development and Innovation is bullish on crypto and blockchain.
  • Harold Bossé outlined the potential and the current weaknesses of crypto.
  • These were all discussed during a Webinar held by on May 24, hosted at.

Harold Bossé, Mastercard’s Vice President of New Product Development and Innovation, is bullish on the mass adoption of crypto assets and blockchain technology. On May 24, Bossé appeared in a blockchain webinar where he noted that millions of people are already using crypto.

These are both early and new adopters. However, we now focus on mass markets. [and]This will make it a crucial aspect of financial institutions’ move in to the area.

Bossé outlined the potential of crypto assets and blockchain technology, stating how this emerging technology is similar to the advent of the internet. “[Prior to the internet], no one was thinking that Amazon (NASDAQ:) could even be a concept — you need the internet for Amazon to work.” He added that the current market is similar as it requires gr …

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