To connect with application developers, the payments industry behemoth  is collaborating with Aptos Labs, Ava Labs, Polygon, and the Solana  Foundation.

As blockchain regulation is still under development, Mastercard is  looking to build the infrastructure needed to more effectively attest  transactions, the company said on Friday.

The project, known as Mastercard Crypto Credential, will establish  standards for verification and provide the technology required for  diverse use cases throughout the market.