MasterCard wins Cryptocurrency patent for speeding up payments

Mastercard just won a patent for speeding up Cryptocurrency payments. This signals an about face from one of the top credit-card companies that they are now interested in the crypto space. Back in February, Mastercard, along with every other credit card company spurned litepay due to various reasons and it was one of the causes of the crypto panic. However, now, Mastercard seem to want to implement its own system that attaches on to its existing fiat currency system that provides more security and faster transactions. It seems that big financial institutions are finally coming on board and we will soon see a new era in cryptocurrency.