News Formal

Visa Enters The $125 Trillion Global Money Transfer Market With New Blockchain Product

  • 📰 Forbes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Visa is launching a blockchain product to help businesses transfer money faster and more cheaply

© 2016 Bloomberg Finance LP

Most cross-border payments are done through the Society for Worldwide Interbank Financial Telecommunication, or Swift, a Belgian organization started in 1973 that counts 11,000 financial institutions as members. But its legacy system has inefficiencies. Because few banks are connected directly to each other, a payment that originates in Kansas City and is bound for Nairobi might have to stop at banks in New York and London before reaching its final destination, with each bank extracting a fee.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

oh I really like forbes for such the news. visa was always the best payment system and it is a fact. visa & blockchain has to be boom!

the new era comes. the cryptoera comes. if even visa understands that blockchain has too much pros and is needed fo sure.. nothing to add here I'm proud of Visa

MMohamedAbshir SenatorAbshir huseinabshir

I would like to propose a small change. one=one.1

when Ripple ?

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 394. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Chicken producer Perdue enters crowded plant-based meat marketPerdue Foods, one of America's largest chicken producers, said it will sell... How much foot and toenail material from the shoeless Pakistanis will be in the PerdueChicken nuggets? Yes! Crowded? PLANT BASED MEAT? LOLOLOL
Källa: Reuters - 🏆 2. / 97 Läs mer »