Visa, Mastercard Move to Solve Payment Issues using Blockchain
Two of the world’s biggest payment technology companies are now expanding the use of blockchain technology within its current systems.
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Visa
Visa Partners with UnionBank to Build a Blockchain-Based Payment System
Visa and UnionBank announced a partnership to create a cross-border payments system built on the blockchain, the technology behind bitcoin.
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Visa Begins Pilot of Blockchain-based B2B Connect
A number of banks are already onboard the B2B Connect System. Among them is Singapore’s United Overseas Bank, and the Philippines’ Union Bank.
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