MasterCard Patents Blockchain System for Anonymous Transactions

Mastercard company has applied to the US Patent and Trademark Office concerning the technology, whose goal is safekeeping of anonymity while making transactions in blockchain.

MasterCard Patents Blockchain System for Anonymous Transactions - BTC dobler news
MasterCard Patents Blockchain System for Anonymous Transactions – news BitcoinDoubler2x.com

Our agency has learned that the sense of this method consists in that “a user will transfer and receive money from small amount of addresses, which, in their turn, will be involved in a significant amount of transactions with different users. In such a way, data security is ensured”.

Transactions` sums will also be hidden thanks to usage of numerous transactions from several addresses.

The patent says that some owners of cryptocurrency hope to save their anonymity while making transactions. However, addresses` data in blockchain can be analysed and in such a way it’s possible to find wallet`s owner or to discover his location or interests. Mastercard technology will complicate the analysis of addresses in blockchain, what is noted in the application.

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