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Why Mastercard is funding the next generation of cryptographers

by Isabel Woodford

April 3, 2019, 3:14PM EDT  ·  2 min read

Quick Take

  • Mastercard is overseeing a project geared at getting middle-schoolers to learn how to code and understand cryptography 
  • Executive Dana Lorberg also says the firm is building its expertise internally, saying the tech has “penetrated” public consciousness 
  • The payment giant is specifically focusing on training girls – with the shortfall here most severe

by Isabel Woodford

April 3, 2019, 3:14PM EDT  ·  2 min read
IBM, Microsoft, JPMorgan, PayPal; All major tech firms openly buying into the blockchain phenomenon, one by one.
 
And at the heart of this phenomenon is private key cryptography, alongside, of course, coding manpower. 
 
But at Mastercard, there are two concerns about the sustainability of this growing technological discovery. First, it’s the number of jobs that require expertise in the field relative to the tiny number of people trained to fill them.