Payment giant MasterCard launched a pilot digital identity service

According to reports, payment giant MasterCard has announced the launch of a pilot digital identity service aimed at protecting customers’ identity information and age authentication through cooperation with Service NSW and Tipple, in order to take more action in the virtual commerce industry and expand its influence in the metauniverse field. MasterCard ID is a global digital identity network that allows users to create a profile to verify their identity without uploading their identity documents to an insecure platform when they need to verify their age or identity. The network currently has established partnerships with Samsung and Microsoft. (powerretail)

Payment giant MasterCard launched a pilot digital identity service

Interpretation of this information:

Payment giant MasterCard has announced a pilot digital identity service in partnership with Service NSW and Tipple to protect customers’ identity information and age authentication in the virtual commerce industry. MasterCard ID enables users to create a verified digital identity profile without uploading identity documents to an insecure platform. This step will further expand MasterCard’s influence in the emerging metauniverse market. The company has already partnered with Samsung and Microsoft to enhance their digital identity network.

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