Blockchain Revolution Series: India’s Leading IT Giant TCS Launches Quartz Smart Solution For Cryptocurrency Trading
Cryptocurrency Derivatives Series: Brazil’s SEC CVM Orders Cryptocurrency-Exchange Binance To Stop Futures Trading
Digital Currency Revolution Series: Spotlight On FxWirePro’s BTC Long Hedges As Bitcoin Explodes With Fresh 1-Year Highs
Spotlight on Bakkt & CME BTC Futures With Mounting Institutional Interests As Bitcoin Bulls Halt $11k
Lambda256 joins South Korea project to develop technology that could track illegal dark web transactions
Cryptocurrency Derivatives Series: Bitcoin Flirts With Technical Supports & Drifts In Sideways, Uphold Long Hedges
Cryptocurrency Derivatives Series: Ethereum On Verge Of 2Y Highs – FxWirePro’s Hedges Safeguard Upside Risks
Regulatory Series on Series: US Senate Foresees Budding Technology & Digital Dollar To Play Crucial Role In Economic Competition
Cryptocurrency Derivatives Series: Quick Run Through On Bitcoin Price And CME BTC F&O Volumes Resurgence
Visa to start research on blockchain technology
(Removed statement “However, the company had acknowledged that it could probably support bitcoin as a payment method.”)
Visa, one of the leading global credit card processing firm, is planning to begin its research on bitcoin and blockchain, as stated in a latest report.
Rajat Taneja, Visa executive vice president of technology, told LiveMint that the research will be conducted in the company's innovation labs, which are dedicated on developing its Visa Checkout and mVisa products.
"India will soon have teams that will jointly work with our two research labs in US and Singapore in studying the many aspects of blockchain", Taneja told LiveMint.
Visa has for long maintained an indifferent stance on blockchain technology and had stated that it does not consider it as a business threat. The report also suggested that Visa could perhaps consider joining hands with companies like Infosys and Tata Consultancy Services to work on blockchain projects.