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Blockchain technology: BTL has entered a project with Visa on potential applications


BTL is excited to announce that it has entered into a project with Visa on potential applications for blockchain technology in the financial services ecosystem






The project will use BTL's cross-border settlement platform Interbit to explore the ways in which blockchain-based settlements can reduce the friction of domestic and cross-border transfers between banks – reducing cost, settlement time, credit risk, and by leveraging smart contracts to automate many of the regulation and compliance requirements of domestic and international transfers. We are now inviting a small number of European banks to participate in the project, please see below the announcement from Visa Collab, this can also be seen on Visa Vision’s blog at http://vision.visaeurope.com/cross-border-blockchain/

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Monday, September 5th 2016
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