Mastercard taps Polygon to turn clunky crypto addresses into simple usernames
PositiveCryptocurrency
- Mastercard is launching verified, human-readable crypto aliases for self-custody wallets, leveraging Polygon for on-chain support and Mercuryo for identity verification. This initiative seeks to simplify cryptocurrency transactions by replacing complex addresses with user-friendly usernames, making it easier for users to engage with digital currencies.
- This development is significant for Mastercard as it enhances user experience and security in cryptocurrency transactions, positioning the company as a leader in the evolving digital finance landscape and catering to the growing demand for user-friendly solutions in the crypto market.
- The introduction of verified usernames reflects a broader trend towards improving security and usability in cryptocurrency transactions, addressing long-standing challenges associated with complex wallet addresses and fostering greater adoption of digital currencies among mainstream users.
— via World Pulse Now AI Editorial System
