Visa Begins Blockchain Research, Possible Future Integration
Visa Inc. is financing a team of engineers at its Bengaluru office to research further uses for the blockchain. Visa is looking to improve its payments processes, and it seems that the blockchain technology may hold the key for the Company’s future. A few months ago, Visa hired a former Google scientist, Min Wang, to lead the research teams from its San Francisco office, and Taneja in a project where they were to work on the blockchain. The company’s decision to start researching the blockchain technology comes right after banks and other financial institutions developed a sudden interest....
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Visa has, in a job posting, revealed that it is looking to hire a senior software engineer to be a part of its research team to help develop a “secure and scalable blockchain” network. The job posting comes via a posting by Visa Research, a newly created arm of the payments company as a part of exploring new innovation and expanding its technology research globally. The job entails research and development work in the arena of emerging payments, blockchain, virtual currencies and other emerging payment technologies. Visa Research is putting together research teams to focus on three “key....
Payments giant Visa has revealed it is seeking to hire a software engineer to help it create a "secure, scalable blockchain network". The news was revealed in a job advertisement by Visa Research – a research arm created by the company to expand its technology research capabilities. Visa Research's remit is to engage with the company's technology and product teams, and business and other partners, to investigate and develop technologies that are "critical to the payments industry in the future", the firm says. As part of its efforts to build three research sections....
Credit card processing company Visa is exploring the usages of bitcoin and blockchain technology in payment applications. The company is conducting its research through its innovation labs, which are focused on improving the Visa Checkout and mVisa products. Prior to this, Visa has said that it doesn't see blockchain technology as a threat to its current operations but that the company might support bitcoin as a payment method. "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," said Visa executive....
Leading global credit card processing firm Visa will soon begin researching bitcoin and blockchain technology, according to a new report. Speaking to LiveMint, the online division of India's second-largest newspaper, Visa executive vice president of technology Rajat Taneja indicated that the research will take place in the company's innovation labs, which are focused on improving its Visa Checkout and mVisa products. The announcement follows a period of indifference from the credit card giant, which has formerly stated it does not see the technology as a business threat, while....
Visa is the world’s largest payment network and handles nearly 56,000 transaction messages a second. In August 2015, the company had announced the opening up of a new technology development centre in Bangalore, India. According to a press release made by Visa the aim of this development centre is to boost digital commerce globally. It has now been revealed that this centre will also focus on blockchain the technology behind Bitcoin. Visa chooses Blockchain. According to the Indian financial newspaper Mint a Top Visa executive has revealed that the company plans to use Blockchain technology....