Mastercard Awarded Patent for Partitioned, Multi-Currency Blockchain

Mastercard has been awarded a patent for a method to partition a blockchain, making it capable of storing multiple transaction types and formats. The patent filing was published by the U.S. Patent and Trademark Office (USPTO) on Oct. 9. The document explains that in current blockchain systems, the transaction records stored in the different blocks that comprise a blockchain are “often required to be of the same format and include the same types, and sometimes even sizes, of data.” This means that any entity that wants to use multiple types…