Mastercard and Visa are taking significant steps towards cryptocurrency adoption, recognizing its potential in financial transactions powered by blockchain technology. Both companies have formed partnerships with key cryptocurrency firms and are developing their own crypto-related projects, indicating a positive shift in mainstream acceptance. The demand for blockchain developers is growing in tandem with these developments, leading to an emphasis on blockchain education and certification programs.

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masterCard And Visa Are Making Bold Moves
Toward Mass Crypto Adoption
The initial resilience towards cryptocurrency, it managed to garner the attention of
the biggies in the business. Financial payment platform mogul, MasterCard and
Visa have openly propagated the idea of using cryptocurrency exchange platform.
One of the reasons that fintech companies are now relying on the cryptocurrency
is because this is backed by Blockchain, which offers a decentralized platform for
cryptocurrency exchange.
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Blockchain eliminates the meddling of third-parties, thus becomes a time-saving
and cost-effective solution. Owing to this, Blockchain has become one of the most
sought-after career options, and one of the hottest skills in demand. Most of the
companies are looking for individuals having Blockchain development skills, and
some of the companies are also promoting the idea of Blockchain training for their
employees.
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The primary reason for this is that in the times to come we are going to witness
the growing demand for a Blockchain Developer who can ensure corroboration of
the Blockchain platform with the conventional mode of business operations,
thereby catalyzing the process.
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Big Name Supporting Cryptocurrency:
Names like MasterCard and Visa have actively supported the idea of using
cryptocurrencies. They have openly propagated the idea of using cryptocurrencies
for exchange and use of Blockchain platform. In the month of July, MasterCard
and Visa made Open statements stating that cryptocurrencies are going to
redefine the future.
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The company has established an association with some of the leafing
cryptocurrency-based companies like Coinbase and Fold in 2020. These are just a
few names, in addition to this the company has than 25 cryptocurrency wallets
which are connected to the Visa system. The company also has fintech-focused
accelerator program called FastTrack. It has cryptocurrency and Blockchain
companies that can access the FastTrack system and network.
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The reliance on cryptocurrency is not merely related to cryptocurrency and
Blockchain; rather, they have also been working on creating their own
cryptocurrency. The company has worked on creating whitepapers for the Zether
and FlyClient projects.
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MasterCard, similar to Visa, has also been encouraging cryptocurrency exchange,
and payment services. The company is working towards onboarding crypto debit
and credit cards providers to create a faster transaction system. Wirex became
the first cryptocurrency platform granted a MasterCard principal membership.
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These are some major development that happened in MasterCard and Visa in the
field of cryptocurrency. These are just a few names, and other big names are
making some impactful development in the field of cryptocurrency and Blockchain.
Owing to this there is a growing demand for Blockchain developer and Blockchain
engineers.
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Conclusion- The growing importance of Blockchain development and engineering
courses is not just because this is a popular option, rather, Blockchain engineer
salary and the pay scale is on a higher side when compared to other profiles. So,
if you want to become a leading Blockchain engineer or Blockchain developer,
then you must go for Blockchain certification or Blockchain training courses.
Blockchain Council provides these Blockchain certification courses that will
provide you with all the information and understanding of the practical use of the
same. Enroll for this certification program and see your career grow exponentially.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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Any questions?
You can mail us at
hello@blockchain-council.org
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