30 Jun '14, 5pm

MasterCard

MasterCard

Global financial services giant MasterCard has filed a patent that would seek to incorporate bitcoin into its design for a planned global online shopping cart. Entitled ‘Payment Interchange for Use With Global Shopping Cart’, the filing was submitted by the New York company to the US Patent and Trademark Office (USPTO) in March 2013 . The patent application is part of a series of filings related to MasterCard’s effort to build a global online shopping cart catering to online shoppers. This global shopping cart would be based on each store offering its own individual cart, thereby making it easier for consumers to dedicate carts to larger projects, such as weddings or home renovations. MasterCard’s filing reads: “The multitude of shopping choices available online and at points of sale have made maintaining the track of purchases a relatively complex task. It is sometimes ve...

Full article: http://www.coindesk.com/mastercard-patent-would-add-bitco...

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