{"id":1047,"date":"2016-09-03T15:35:00","date_gmt":"2016-09-03T15:35:00","guid":{"rendered":"https:\/\/blog.holytransaction.com\/2016\/09\/visa-will-test-the-blockchain.html"},"modified":"2023-01-14T02:00:09","modified_gmt":"2023-01-14T00:00:09","slug":"visa-will-test-the-blockchain","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2016\/09\/visa-will-test-the-blockchain.html","title":{"rendered":"Visa will test the Blockchain"},"content":{"rendered":"<div style=\"clear: both; text-align: center;\"><a style=\"margin-left: 1em; margin-right: 1em;\" href=\"https:\/\/3.bp.blogspot.com\/-DBIlDgQOtwI\/VthIYV6nIVI\/AAAAAAAAAP0\/21WOo1chCgoFha6fZtCMayz_JNkv6OZqQCPcB\/s1600\/credit-card-2-1510272.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"visawilltesttheblockchain.jpeg\" src=\"https:\/\/3.bp.blogspot.com\/-DBIlDgQOtwI\/VthIYV6nIVI\/AAAAAAAAAP0\/21WOo1chCgoFha6fZtCMayz_JNkv6OZqQCPcB\/s400\/credit-card-2-1510272.jpg\" alt=\"visa_will_test_the_blockchain\" width=\"400\" height=\"300\" border=\"0\" \/><\/a><\/div>\n<h3 style=\"text-align: justify;\"><\/h3>\n<h3 style=\"text-align: justify;\">Visa will test the Blockchain<\/h3>\n<div style=\"text-align: justify;\">London payment giant <b>Visa<\/b> will <b>test the blockchain<\/b> to improve <b>interbank payments.\u00a0<\/b><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">In fact, <b>Visa Europe Collab<\/b> announced today that its innovation lab started to test the distributed ledger with<b> BTL Group.<\/b><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Together the companies will try to explore how the blockchain and smart contracts can be useful for transactions among banks.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">In the press release, co-founder of Visa Europe Collab, <b>Hendrik Kleinsmiede<\/b>, explained that the two partners wants European banks to join their program to use the technology for live payments.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><b>&#8220;We\u2019ll work closely together on the development and implementation of the PoC, ensuring that all participants come away with new knowledge and insight into the role that the blockchain could play in interbank settlements in the future.\u201d<\/b><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">According to an article published on the <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/483e315e-6fa6-11e6-a0c9-1365ce54b926.html#axzz4J0F7MT6Z\">Financial Times<\/a>, Visa and BTL will try to finish the project within 100 days.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">This is not the first project that sees Visa Europe Collab using the blockchain.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\n<p>In July, Visa revealed a micropayments trial and a project to extend the reach of traditional payments.<\/p>\n<\/div>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Visa will test the Blockchain London payment giant Visa will test the blockchain to improve interbank payments.\u00a0 In fact, Visa Europe Collab announced today that its innovation lab started to test the distributed ledger with BTL Group. Together the companies will try to explore how the blockchain and smart contracts can be useful for transactions [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,107,132,386,569,576,667],"tags":[791,793,800,1155,1226,1233,1321],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Visa will test the Blockchain -<\/title>\n<meta name=\"description\" content=\"Stay informed with HolyTransaction&#039;s blog: read about Visa&#039;s blockchain technology test. 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