Major payment company master Card recognizes five global startups. Startpath Blockchain and Digital Assets program.
This initiative aims to improve user experience and expand the application of blockchain technology in solving real-world problems.
Startup based in Singapore peak is one of the selected participants joining Start Path to expand into new markets and scale blockchain innovation.
Peak is focused on leveraging vehicles, machines, robots, and devices to deliver borderless digital infrastructure for real-world applications.
Til Wendler, co-founder of Peak, said:
“We are thrilled to be part of the Mastercard Start Path, a future-proof bridge between traditional finance and the decentralized physical infrastructure network (DePIN) built to power Peak. I’m very happy.
We believe this is a great step for the project and will go a long way in accelerating the adoption of Web3 in the real world and opening up new opportunities for the economy of things. ”
Other startups participating in the program include French companies. Kripa We specialize in issuing next-generation crypto payment cards for digital wallets. Parfin develops enterprise-grade software to help financial institutions implement blockchain technology.
In the United States, triangle focuses on sustainability by integrating climate data and finance.Meanwhile, Belgium Venry Simplify blockchain integration for developers and enterprises.
These startups will gain collaboration opportunities, tailored training, and access to Mastercard customers and channels through a virtual four-month program.
Since its launch in 2014, Mastercard’s Start Path program has supported more than 400 startups in 54 countries.
Featured image credit: Edited from freepic