various blockchain

Visa develops interoperability concept for central bank digital currency payments

Source Node: https://www.theblockcrypto.com/post/119117/visa-universal-payment-channel-interoperability-cbdc?utm_source=rss&utm_medium=rss
Time Stamp: September 30, 2021 7:00 AM - Modified On: September 30, 2021 - Published By:
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Republished By Plato

Payments giant Visa has taken a step toward achieving its vision for central bank digital currencies (CBDCs). It has developed a concept that shows how various CBDCs can be interoperable with each other to make payments.The concept, called "Universal Payments Channel" (UPC), outlines how various blockchain networks can be interconnected to allow the transfer of CBDCs. It shows how Visa can help exchange various CBDCs built on different blockchains in the future. "This is a much longer-term future thinking concept around a way that Visa could potentially help become a

Web23 and NexBLOC using Butterfly Protocol for Creating a Blockchain Naming System on the Cardano Blockchain Platform

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Time Stamp: September 28, 2021 11:07 AM - Modified On: September 28, 2021 - Published By:
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Republished By Plato

The Blockchain Domain Registry System will focus on enabling the Cardano community to maximize the use of blockchain domains British Virgin Islands Web23 Inc., a USA company, and NexBLOC, a British Virgin Islands company, are partnering to develop a blockchain-based naming system that runs natively on the Cardano blockchain platform. The initiative continues the move of the Butterfly Protocol onto numerous blockchains to ensure that those communities have the tools needed for full decentralized internet optimization. The Butterfly Protocol was originally created using the Ethereum blockchain and continues to provide