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Mastercard Exec is bullish on crypto and blockchain technology

  • Mastercard’s VP of New Product Development and Innovation is bullish on crypto and blockchain.
  • Harold Bossé outlined crypto’s potential and current weaknesses.
  • All of this was mentioned in a webinar hosted by Avalanche on May 24th.

Harold Bossé, VP of New Product Development and Innovation at Mastercard, is optimistic about the mass adoption of crypto assets and blockchain technology. On May 24, Bossé appeared in a blockchain webinar, noting that millions of people are already using crypto.

They’re early adopters and new adopters, but we’ve moved to mass markets, [and] This will be a very important aspect for financial institutions to enter this space.

Bossé outlined the potential of crypto assets and blockchain technology and explained how this emerging technology is similar to the advent of the internet. “[Prior to the internet]no one thought Amazon could even be a concept – you need the internet to make Amazon work.” He added that the current market is similar in that it’s gr…

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