Mastercard adds two vice president positions for encryption business to advance its Blockchain technology strategy.

Gate News bot message, Mastercard's Head of Encryption and Blockchain Raj Dhamodharan announced via LinkedIn that the company is adding two vice president-level positions in the U.S. to expand its encryption business team. One of the positions is Vice President and Head of Digital Asset Ecosystem Growth, responsible for overseeing strategic partnerships in the digital asset field and expanding Mastercard's multi-token network (MTN) and solutions like Crypto Credential.

Another person is the Vice President and Growth Director of Financial Institutions (FI), mainly collaborating with financial institutions and responsible for the development of Blockchain applications such as commercial payments, cross-border transactions, and Tokenized assets.