Post
Topic
Board Economics
Re: Visa Launches First Phase of Blockchain B2B Payments System
by
stompix
on 18/11/2017, 17:31:56 UTC
Any article links or news site about that?

Visa statement:
https://usa.visa.com/visa-everywhere/innovation/visa-b2b-connect.html

Businessinsider
http://www.businessinsider.com/visa-partners-with-banks-for-cross-border-b2b-payments-2017-11

I'll believe it when I see it actually happens, or when it's on the VISA site
So, OP this is pretty much me asking for a link to this news. Not helping much for you to just say it.

See above , you non-believer Smiley))

Glad they are getting their hands into it. Hopefully this would eventually extend to non-business clients and would reduce fees. Not necessarily and endorsement of bitcoins, just pointing that out those who say it would, but still a good step  forward for the banking industry.
They actually don't have any plans about bitcoins.
They are just using the blockchain as a model, in reality from what I've read it has very little in common with the blockchain as we know it.
No constant blocks mined, just transactions recorded on top of the others and verified by a central database, a more advance type of balance guaranteed swap.

As for lower fees... common, those guys need the extra fees.Poor little souls.  Grin