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
The gene behind congenital deafness, and how a single shot is fixing it
BY THE OPTIMIST DAILY EDITORIAL TEAM A girl born without the ability to hear was having everyday conversations with her mother four months after ...
Read More8 sky events all stargazers should catch this month
BY THE OPTIMIST DAILY EDITORIAL TEAM The flower moon came and went on May 1. Most of what makes this month interesting is still ...
Read MoreNew studies are showing signs of lasting immunity to Covid-19
With all that’s happened in the past few months regarding the coronavirus, we could use a bit of good news. And that’s exactly what ...
Read MoreThis gigantic vertical greenhouse uses 100% natural light
Vertical farming is an amazing solution that allows us to grow fresh produce using a fraction of the water and land that traditional agriculture ...
Read More
