{"id":78884,"date":"2024-05-16T05:35:51","date_gmt":"2024-05-16T09:35:51","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=78884"},"modified":"2024-05-16T05:37:15","modified_gmt":"2024-05-16T09:37:15","slug":"peaq-selected-for-award-winning-mastercard-program","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/peaq-selected-for-award-winning-mastercard-program\/","title":{"rendered":"Peaq Selected for Award-Winning Mastercard Program\u00a0"},"content":{"rendered":"\n<p>Peaq, a blockchain that operates at the <a href=\"https:\/\/coinscreed.com\/staging\/justin-sun-reveals-trons-btc-layer-2-solution.html\" target=\"_blank\" rel=\"noreferrer noopener\">layer 1 level<\/a>, has announced its participation in the Mastercard Start Path project.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1715844501458-1024x576.jpeg\" alt=\"Peaq Selected for Award-Winning Mastercard Program\u00a0\" class=\"wp-image-78885\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1715844501458-1024x576.jpeg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1715844501458-300x169.jpeg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1715844501458-768x432.jpeg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1715844501458-750x422.jpeg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1715844501458-1140x641.jpeg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1715844501458.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Peaq Selected for Award-Winning Mastercard Program\u00a0<\/figcaption><\/figure>\n\n\n\n<p>According to representatives of Peaq, a layer 1 blockchain for real-world assets (RWAs) and decentralized physical infrastructure networks (DePINs), the payment giant's program is intended to assist promising advanced-stage projects across a range of fintech and <a href=\"https:\/\/a16z.com\/wp-content\/uploads\/2021\/10\/The-web3-Readlng-List.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">web3 verticals<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>. <\/p>\n\n\n\n<p>Peaq will investigate numerous potential integrations between the DePIN industry and the realms of <a href=\"https:\/\/coinscreed.com\/staging\/the-environmental-benefits-defi-vs-traditional-finance-systems.html\" target=\"_blank\" rel=\"noreferrer noopener\">traditional finance<\/a> (tradfi) and fintech with the assistance of Mastercard. <\/p>\n\n\n\n<p>Additionally, the initiative gives projects new chances to forge strategic alliances, create communities, gather funding, and do much more as they broaden their ecosystem. <\/p>\n\n\n\n<p>According to Sabrina Tharani, SVP of Global Fintech Programs at Mastercard, the business is still seizing the chance to collaborate and develop new ideas with startups in order to shape the direction of <a href=\"https:\/\/coinscreed.com\/staging\/how-defi-benefits-entrepreneurs-and-innovators-globally-2.html\" target=\"_blank\" rel=\"noreferrer noopener\">blockchain and digital asset innovation<\/a>. <\/p>\n\n\n\n<p>The company officially welcomed Kulipa Inc., Parfin, peaq, Triangle Digital, and Venly through the Start Path startup engagement program.\u00a0Sabrina Tharani, SVP of Global Fintech Programs at Mastercard stated:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This dynamic set of startups will receive access to our network of partners, including mentorship opportunities and resources to support them to scale their solutions and reach new markets&#8221;<\/p>\n<\/blockquote>\n\n\n\n<p>DePIN will become more practical with the integration of tradfi, opening up use cases like charging session payments made offline and matching completely compliant payment methods to electric vehicles. Till Wendler, co-founder of peaq, said in a release:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The partnership with Mastercard, the leading payments processing platform, will pave the way to easy interactions between DePINs and tradfi services, enabling millions of web2 natives to join this transition&#8221; <\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Peaq, a blockchain that operates at the layer 1 level, has announced its participation in the Mastercard Start Path project. According to representatives of Peaq, a layer 1 blockchain for real-world assets (RWAs) and decentralized physical infrastructure networks (DePINs), the payment giant&#8217;s program is intended to assist promising advanced-stage projects across a range of fintech [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":78885,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[130],"tags":[1560,19555,11296],"class_list":["post-78884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","tag-mastercard","tag-peaq","tag-tradfi"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1715844501458.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/78884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=78884"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/78884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/78885"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=78884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=78884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=78884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}