IBM & Visa Partner to Tip World Payments Using Ethereum Technology

[Goodcat49]

Visa has just announced it has partnered with IBM ahead of the commercial release of B2B Connect, its DLT-powered world financial payments platform.

At its anticipated roll out in the Q1 next year, Visa will have merged its significant assets with the proprietary IBM DLT Platform, which IBM developed using open-source ETH blockchain (DLT) technology.

B2B Connect Tokenizes private information, such as customer data and account numbers. It then produces sui generis identifiers that commercial enterprises can use to ease world payments on the exchange platform.

Scaling Blockchain Solutions
Visa thinks that its blockchain ecosystem can decrease chances for fraud when processing world remittances, and give those that adopt it high odds of staying compliant with new and upcoming government regulations.

Visa reveals B2B Connect is a "scalable, permissioned network," but whether or not the admittedly infant technology is really scalable is yet to be demonstrated and proven.

Recall, several businesses still can't deduce how to scale their DLT solutions.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ibm-visa-partner-to-tip-world-payments/

[trofim21]

this good news, thanks to such news, the market can give good growth again, sooner or later the world will understand that the world needs cryptocurrency 

[JasmineRose]

wow, it is good news for ethereum holder and for erc20 holder, i hope ethereum will be the best and many good news about the platform, many partner is the best thing

[Makanya Udara]

I was surprised to hear it but this is very exciting news for erc20 holders especially for ethereum itself, hopefully in the future with this good news will boost prices on the market.

[alfian141]

It is good news for ethereum, if volume use ethereum is big it will make increase the price of ethereum. I hope other companies will use it to..

[JSD10M]

Oh yes! This is the kind of news that everyone wants to see. I don't know how it will work but this is a great development. The launch is just a few months away, I'm excited to see this happen