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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. As more payment use cases emerge from distributed ledger technology (DLT), some solution providers are looking toward industry-specific applications of blockchain.

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The Enterprise Headache Of A Decentralized Blockchain

PYMNTS

For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated.

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Blockchain’s Real-Time Payments Use Case

PYMNTS

That’s the story told by Oscar Roque, AVP of innovation, research and emerging solutions at Canadian payments network Interac , in a new PYMNTS interview. However, in Canada, real-time payments, energy and incentives have combined in a way that includes blockchain, which would pave the way for other such efforts. Pilot Push.