Visa Exploring Bitcoin and Blockchain Technology
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....
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Visa, the electronic payments major has made its plans to create blockchain technology solutions at its technology development center in Bangalore. Visa has plans to develop blockchain solutions at its new technology center in Bangalore. A country with the fastest growing economy, A country that has a significant unbanked and underbanked population, A country that receives the highest foreign remittance …is a dream market for the Bitcoin sector. The above lines just described India, and Visa has discovered that sooner than later. The global electronic payments giant has recently announced....
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....
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....
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....
The world’s largest payments network is expanding its new technology center in India to focus on blockchain technology development for its global endeavors. VISA is going gung-ho on the blockchain technology and is setting up the infrastructure and personnel to push blockchain development, out of a development center in Bangalore, India. The payments giant had 400 engineers at the technology innovation lab at the time of launch in August 2015. At the time, Rajat Taneja, executive vice president for Technology at VISA revealed that the Indian center will jointly work with existing research....