Mastercard sees ‘a lot of promise’ in blockchain tech if safety and simplicity are prioritized

Mastercard CEO Raj Dhamodharan spoke at Mastercard's North America Innovation Day event.

Mainstream brands and financial services firms are testing the waters of crypto, but many are hesitant to fully dive into the blockchain realm due to uncertainty and a lack of trust.

More work is needed to ensure traditional players and new ones can enter the ecosystem confidently, he said. the last few quarters /span> Raj Dhamodharan mm Mastercard ghL EVP tText__NxlGi">EVP Johan GerberNorth America Innovation Day eed_highLightText__NxlGi">Dhamodharan today Crypto Dhamodharan