#Chainlink

𝘾𝙝𝙖𝙞𝙣𝙡𝙞𝙣𝙠 𝙖𝙣𝙙 𝙈𝙖𝙨𝙩𝙚𝙧𝙘𝙖𝙧𝙙 𝙀𝙣𝙖𝙗𝙡𝙚 𝙊𝙣𝙘𝙝𝙖𝙞𝙣 𝘾𝙧𝙮𝙥𝙩𝙤 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚𝙨 𝙛𝙤𝙧 3 𝘽𝙞𝙡𝙡𝙞𝙤𝙣+ 𝘾𝙖𝙧𝙙𝙝𝙤𝙡𝙙𝙚𝙧𝙨

Mastercard and Chainlink have made an innovative partnership. Their objective is to allow more than 3 billion Mastercard cardholders to purchase cryptocurrency directly on the blockchain. This is possible on the new Swapper Finance platform enabled by the safe technology of Chainlink.

The process starts when a cardholder uses their debit or credit card. They connect through the Swapper platform’s frontend. Card processing then converts fiat money into crypto using zerohash’s services. This will ensure efficient smart contract deployment with the backing of liquidity.

Chainlink will authenticate and synchronize transaction information. Thus, it helps balance conventional payment and decentralized finance.

Swapper Finance is the application that allows anyone to buy crypto on decentralized exchanges. It utilizes XSwap, one of the top DEXs in the Chainlink ecosystem. For reliability, XSwap is based on Chainlink’s standards for data and interoperability.

zerohash platform enables the conversion of fiat-to-crypto in a legal way. Shif4 payments help manage smooth card payments. The Uniswap protocol helps with liquidity to complete the onchain swap process.

Sergey Nazarov, Co-Founder of Chainlink, expressed his excitement with this innovation. As the Blockchain VP of Mastercard, Raj Dhamodharan views the development as a solution, allowing digital assets to be linked to real-life use.