Visa is diving into blockchain technology with a new project focused on revamping remittances. The company’s innovation arm, Visa Europe Collab, is working on a proof-of-concept that will “explore an alternative to conventional remittance processing” using the blockchain. To see if the blockchain can work for it, the company is teaming up with a Bitcoin startup called Epiphyte, which helps big financial players legally access the Bitcoin blockchain. The Visa Europe Collab remittance project has been in development for 100 days and will share more findings soon, according to a blog post. Visa isn’t the only financial institution interested in …
Visa is exploring using the blockchain to power money transfers
More of Today's Solutions
A daycare built a ‘forest floor’, and it changed kids’ immu...
Time in nature is valuable for children’s physical and mental health, so one daycare in Finland decided to invest in a playground that replicated ...
Read MoreThis 30-minute training can help teenagers’ response to stress
Many successful people live by the expression “in every tragedy, there is an opportunity.” It turns out that the same kind of thinking can ...
Read MoreThe ongoing success of the 4-day workweek: a year in, companies share insights
Nearly 61 British businesses made the historic switch to a four-day workweek in 2022, setting in motion a cascade of beneficial effects that are still ...
Read MoreBartering is back: how to trade your skills and goods without spending a dime
BY THE OPTIMIST DAILY EDITORIAL TEAM In a world where we’re used to swiping cards and tapping phones to pay, it might seem old-fashioned ...
Read More
