Remove Distributed Ledger Technology (DLT) Remove Wire Transfer Remove Wires
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 Visa B2B Connect Goes Global

PYMNTS

In an interview with PYMNTS, Kevin Phalen, head of Global Business Solutions at Visa, told Karen Webster that Visa B2B Connect acts as a brand new, end-to-end global payments network, built on using elements of distributed ledger technology (DLT) and the open source Hyperledger Fabric framework hosted by The Linux Foundation.

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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

Juan Garat, BBVA’s global head of sales, said in the press release that distributed ledger technology (DLT) used in the transaction “allowed us to simplify the processes and streamline the negotiation time frames.” However, anecdotally, not all is rosy in blockchain land.

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Gold: Sourced Digitally, Ethically And Via Blockchain

PYMNTS

When it comes to supply chains, proponents say blockchain — specifically, distributed ledger technology (DLT) — holds promise. Blockchain can track transactions of all sorts and create a connected record — and that blockchain is rapidly cleaving from the cryptocurrency clamor to which it was once inextricably linked.