Post
Topic
Board Economics
Re: Visa Launches First Phase of Blockchain B2B Payments System
by
krauzzer02
on 17/11/2017, 18:05:09 UTC
Global credit card giant Visa has rolled out the first, pilot phase of its blockchain-based business-to-business payments service, B2B Connect.
First announced last year, Visa plans to use the platform to ease cross-border payments by facilitating direct payments between institutions, cutting out the middleman the industry currently relies on. The platform – developed with the assistance of blockchain startup Chain – is also designed to ensure secure, yet transparent payments between enterprises.
Any article links or news site about that? anyway bitcoin is still in experimental and premature phase but Blockchain is a promising system that the majority of the businesses and companies will adapt or upgrade their current system in the near future and that will be the first step for the innovation of the transparency, authenticity and speed that will benefit millions of people who are using or transacting to their services.