The solution aims to offer different consumer and business verification needs based on market and compliance requirements.
US payment giant Mastercard has dispatched a new Web3 solution that seeks to bring more trust to blockchain transactions.
In addition to defining verification standards and levels, Mastercard Crypto Credential will also provide necessary enabling technology to target more use cases. Additionally, the company has tapped into CipherTrace’s suite of services to verify addresses and support Travel Rule compliance for cross-border transactions.
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