Mastercard Is Hiring More Blockchain Developers
The credit card giant announced that it would hire 175 people at its Leopardstown office, including blockchain and AI experts.
Payment giant Mastercard announced Thursday that it was hiring 175 new technology developers, including blockchain specialists.
The developers will work out of Mastercard's office in Leopardstown, Ireland, where the firm's research and development arm, Mastercard Labs, is headquartered. The new hires will work on creating more efficient payment systems, according to a press release.
Sonya Geelon, Mastercard Ireland’s country manager, said the company is working on expanding access to financial services.
She added in a statement:
It's a notable development, given that Mastercard has been eyeing applications of blockchain to its services for some time now.
The company released a set of experimental blockchain-based APIs in 2016, telling CoinDesk that its goal was to "give developers the chance to work on emerging technologies that haven't yet been commercialized by us." Last October, the firm announced that it would use these programs to facilitate business-to-business transactions.
Mastercard's blockchain ambitions are also illustrated by its efforts to obtain patent related to the tech.
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