Visa international has launched a B2B-payments in the blockchain
Source:
Payment giant Visa launched a pilot phase of its blockchain project that allows you to make international B2B payments. The work on the project was announced last year. Then Visa decided to ease international transfers, making them quick and transparent. To do this, the Corporation enlisted the support of the startup Chain, working on projects in the field .
In Addition to the startup Chain, the work involved long-term partners Visa, which was American Commerce Bank, South Korea's Shinhan Bank of the Philippines Union Bank and the United Overseas Bank from Singapore.
The head of the Department for promotion and development of Visa's Kevin Phalen reported that the banks have already launched a test system for obtaining transaction using the new platform. In test mode it will continue to run until mid-2018, then the planned commercial launch of the platform.
«this week we reported on a test run B2B payments using our new blockchain platforms. But this is only the beginning. Very soon we will involve more banks and customers. Sure that among them will soon be a major Corporation», — he added.
To work with the blockchain-a platform we developed special software, which at the moment, and began testing. Therefore, the global launch of the project decided to postpone for six months to to test.
To Chat and discuss the prospects of the project in our cozy .
Recommended
To work with PDF difficult? Try this app
PDFelement — a powerful processor to work with PDF Many of us somehow have to work with documents in PDF format. One needs it in the office, others just prefer to share documentation in PDF format as it is convenient to use and economical in ba...
How to get started with the training of neural networks
No machine learning can not work none of the neural network. a few years ago neural networks were something outlandish. Now this tool is mastering more and more people. And this industry is evolving at an incredible pace: recently, the neural network...
Why China began to raise pigs the size of a polar bear?
Pigs can weigh more than a ton In the article about the successful establishment we mentioned that is one of the largest consumers of pork meat. However, at the moment, Asia is widely distributed so-called African swine fever. This disease is not for...
Related News
Support cryptocurrency appeared and ATMs
the Korean manufacturer Hyosung ATM produces a huge number of devices that can be found around the world. Recently, the manufacturer has expanded the functionality of their devices, adding support . Yes, while it only supports Bi...
American Express launched the world's first payment on blockchain service
a Joint project of American Express and FINTECH start-up Ripple implemented the world's first blockchain-a service that enables instant cross-border transfers. Now companies from US and UK will be able to receive money in real-tim...
The European Central Bank may restrict trade cryptocurrency
Yesterday, Ewald Nowotny, member of ECB's governing Council and head of the Bank of Austria, said that the Bank is considering the possibility of regulation of the market , focusing in particular on the experience of China, —...
Morgan Stanley predicted the collapse in sales of graphics cards in 2018
Analyst at Morgan Stanley, studied the demand for iron, as well as a number of other factors, came to the conclusion that next year will be for manufacturers is quite complex. If in 2017, the producers do not have time to produce ...
Belarusian currency and stock exchange has launched a pilot blockchain project
the Belarusian currency and stock exchange has launched a pilot project on the basis of technology — said the Agency BelTA with reference to the head of marketing and sales BCSE Vitaly Tikhonov. According to the head of the ...
The Central Bank supported the idea of a tax on mining
In late October, Russian President Vladimir Putin instructed the government and the Central Bank to define and enshrine in law changes governing the status and the blockchain. Today it became known that the initiative was supporte...
Bill gates built his 'smart city'
Owned by bill gates ' investment company has acquired 10 hectares of land near Phoenix, capital of Arizona. According to the statement posted on the company website, there are plans to build a «smart city», who will call...
Sberbank and the Federal Antimonopoly service began testing blockchain
the Federal Antimonopoly Service jointly with the savings Bank began testing the technology of distributed registries — on Saturday said the first Deputy Chairman of the management Board, Lev Khasis. According to him, Sberba...
Predicted the crisis of 2008 the economist "buried" cryptocurrency
Nouriel Roubini — economist, Professor of University of new York and an analyst who predicted the global financial crisis of 2008, thanks to which he became widely known. Recently Roubini, while in Warsaw, gave an interview ...
Error of the programmer froze on cryptocotyle $ 280 million
the Programmer with the nickname devops199 working with their smart-contract Parity, by mistake deleted the library that provides the wallets, was from mid-summer to the present. Now in the purses frozen about $ 280 million in ess...
the fact that Russia may in the future prohibit the channels of the organized exchange , said the first Deputy Chairman of the Central Bank Dmitry Tulin. In addition, he stressed that the Central Bank is not considering the possib...
Scotland first in the world to fully switch to clean energy by 2020
more and more countries and regions plan to fully give up traditional power plants that pollute the environment by going to «» and renewable energy. First, it will help to reduce the emission of harmful substances into t...
Uruguay will launch a digital peso
After digital , which reflects the government and the national Bank of Denmark, the transition to digital currency thought, and in Uruguay — local peso may soon be history, replaced by your e - «namesake» and the e...
Competitor Qualcomm wants to buy the company for a record $ 130 000 000 000 $
Today, chip maker Qualcomm has received an unprecedented offer from Broadcom: to sell the entire company from the giblets for $ 130 billion. The name Qualcomm is well known in Association with the Snapdragon chips, which employ Sa...
The new album of the singer björk can only be bought with cryptocurrency
Ninth Studio album, one of the most extraordinary performers, Icelandic singer björk, out of the twenty-fourth of November. I'm sure many expect that it will be available in iTunes and other music services, or on CD or vinyl. But ...
The market capitalization of bitcoin has reached $ 200 billion
on Thursday, the Bitcoin cryptocurrency has shown an unprecedented week-long growth, which, compared to its previous value amounted to about 25 percent. Thus, the cost of 7050 USD. And already on Friday, the total capitalization o...
Profitable mine on solar energy?
the mining Process is associated with a number of additional costs. Because in addition to a one-time purchase of the expensive equipment necessary to regularly pay a tidy sum for electricity. What happens if we abandon the conven...
Began selling Wi-Fi to the mining function
While a Chinese home appliance manufacturer to begin the production of home electronics with function , other Chinese comrades from Bitmain have already began to produce here such Wi-Fi routers, are able slowly but surely to get h...
Ethereum: When my graphics card stop it??
Sooner or later it will happen. When? An interesting question that I want to get the answer before your iron will no longer be suitable for mining «Live». Understand. Block data DAG is used to find solutions to block th...
How much oil need to mined one bitcoin?
to Consider how much one bitcoin is worth in terms of gold, other precious metals and the dollar — quite an exciting experience, which periodically indulge journalists of various publications. So, the staff OilPrice calculat...
Comments (0)
This article has no comment, be the first!