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Huang Donghao, Vice President of R & D at Mastercard: Web3 technology leads the future of payments, building trust and smooth business experiences

On September 17, at the Token2049 side event Stable Rise organized by the Worldwide Stablecoin Payment Network (WSPN), Huang Donghao, Vice President of R & D at Mastercard, delivered a keynote speech entitled "Building Trust and Fluent Business Experience: Leading the Future of Payment with Web3 Technology". Huang Donghao emphasized that Web3 technology is reshaping the payment industry, providing users with higher trust and a smoother experience. Huang Donghao focused on an innovative technology called Tokenized Card NFT, which converts payment cards into non-transferable Soul Bound Tokens, greatly enhancing the security and credibility of transactions. At the same time, he also elaborated on the DigiPay solution, which effectively solves the problem of micropayments with its low fees and high throughput.