Visa to Introduce Blockchain-powered Identity System in First Quarter of 2019

Visa to Introduce Blockchain-powered Identity System in First Quarter of 2019

Visa is to launch blockchain-powered digital identity system for cross-border payments in the first quarter of 2019. The global head at Visa Business Solutions, Kevin Phalen is optimistic with the ability of the blockchain-powered system to combat fraud in the cross-border payments system as all the details will be granted a unique cryptographic identifier.

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