Visa Taps Blockchain for Cross-Border Payment Plan - News Summed Up

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Visa Taps Blockchain for Cross-Border Payment Plan


Visa Inc. is putting a bitcoin-style network to work as it aims to take on a new market, the large and complex cross-border payments made between businesses. The new offering, Visa B2B Connect, will use technology developed in partnership with Chain Inc., a tech startup in which Visa is an investor. Chain is one of a handful of firms aiming to use the same type of network that records moves of cryptocurrency bitcoin, known generally...


Source: Wall Street Journal October 21, 2016 11:58 UTC



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