Visa is launching a new blockchain-backed digital identity system called B2B Connect. It looks to secure user verification on the blockchain to make cross-border transactions easier than traditional models. This new service will launch Q1 2019 and be accepted by several international banks.
“B2B Connect’s digital identity greatly reduces the opportunity for fraud that might otherwise exist with checks, ACH and wire transfers today, while also helping companies remain compliant as part of the regulated financial ecosystem.” – Kevin Phalen
Name: Visa B2B Connect
Have an event, project, competition, special announcement, or other relevant news you would like to share with The Creative Crypto community through the Billboard? Click on the button below to submit info on your recent and upcoming activities!