Mark Mason
Well-known member
Visa CEO Downplays Technological Advances of Cryptocurrencies and Blockchains
Visa CEO, Alfred F. Kelly Jr, recently claimed that blockchains and cryptocurrencies will not be useful to the credit card company and Visa is already a great fintech accomplishment.
Kelly added during his speech at Boston College Executives’ Club in the United States that blockchains and cryptocurrencies were designed to handle low-volume and high-value transactions. Kelly then argued that Visa provides the exact opposite of these types of transactions and said that cryptocurrencies and blockchains are “an interesting technology…[but] t isn’t really at its core, for us, a good technology.” He also added that he believed that cryptocurrencies could never reach the level of transactions that Visa currently handles.
Read more - https://www.dashforcenews.com/visa-...advances-of-cryptocurrencies-and-blockchains/
Visa CEO, Alfred F. Kelly Jr, recently claimed that blockchains and cryptocurrencies will not be useful to the credit card company and Visa is already a great fintech accomplishment.
Kelly added during his speech at Boston College Executives’ Club in the United States that blockchains and cryptocurrencies were designed to handle low-volume and high-value transactions. Kelly then argued that Visa provides the exact opposite of these types of transactions and said that cryptocurrencies and blockchains are “an interesting technology…[but] t isn’t really at its core, for us, a good technology.” He also added that he believed that cryptocurrencies could never reach the level of transactions that Visa currently handles.
Read more - https://www.dashforcenews.com/visa-...advances-of-cryptocurrencies-and-blockchains/