Mastercard Announces Blockchain API for Developers

Mastercard just announced a new API for blockchain developers to start building secure, flexible, and scalable blockchain applications.

Mastercard Blockchain provides three APIs: Core API, Smart Contracts API, and Fast Pay Network API.

The Core API allows developers to run their own blockchain nodes, define own transaction types, and manage participation in a blockchain network.

The Smart Contract API allows developers to write custom scripts using Mastercard’s Smart Contract language for use in their custom blockchain applications.

The Fast Pay Network API understands your instantaneous net position, does real-time reconciliation, executes settlement, and generates your own custom reports.