Blockchain Takes Center Stage in Payment Processing Revolution
CryptoCurrencyWire Editorial Coverage: Change is coming in the financial sector. The desire for faster payments and better audit trails is leading companies away from traditional payment systems and toward innovation. Blockchain technology is increasingly relevant in this area, with companies such as Global Payout, Inc. (GOHE) (GOHE Profile) applying the technology to improve payment processing and logistics in the financial sector. Mastercard (MA), one of the biggest players in payment processing, has obtained patents to develop its own blockchain systems. Glance Technologies (GLNNF) (GET:CNX), which specializes in payment solutions for customers, has partnered with Netcoins Inc. to integrate blockchain-based cryptocurrency…