Visa has partnered with blockchain software provider ConsenSys to use digital central bank coins (CBDC) wherever their cards and digital wallets pass.
of Visa global CBDC leader In an interview, Catherine Gu said that as a result of their partnership with ConsenSys, their customers will be able to use their CBDC-linked Visa cards or digital wallets wherever Visa is accepted.
If all goes as planned, the CBDCs financial services will expand Gu said, thinking it would be safer. a more “attractive” proposition for governments stated it would.
The CBDC payment method Visa plans to implement will act as a bridge for CBDCs to transition to existing payment networks, according to Gu. Also, Catherine Gu. of the project pilot version from spring to He said they plan to work with central banks.
Last December, Visa told the banks and financial institutions it works with on crypto money. consulting serviceHe announced that he would start providing
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Related article: Visa to Advise Banks on Cryptocurrency
Banks and financial institutions, While determining the crypto-focused corporate strategies and while establishing the necessary teams for this Will be able to get consultancy service from Visa.
In addition, ConsenSys sought the expertise of the Mastercard engineering team to plan the ConsenSys RollUps solution, designed to increase the overall throughput and transaction speed of the Ethereum network.
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Related article: ConsenSys Together with MasterCard to Solve Ethereum’s Scaling Problem
The article named Visa Takes Steps to Use CBDCs in More than 200 Countries Where It Is Valid was prepared by Akın Akalın and published on koinbulteni.com.
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