Five startups have been chosen to join Mastercard’s Start Path blockchain and digital assets program to develop blockchain use cases and user experiences.

The program will see Mastercard connect with industry experts and fintech firms to explore different use cases for digital assets and blockchain technology for solving real-world problems.

In a press release on Wednesday, the card company stated that its experience in constructing a global, card-based payments network positions it to connect the specific use cases of regulated money, bank deposits, stablecoins, and CBDCs with startups. Mastercard added that the program will strive to create new solutions and enhance efficiencies in digital commerce user experiences.

Five startups selected

The five selected startups include Kulipa, a …