Credit Card Giant Visa Hints at Digital Asset Service Plans

Credit Card Giant Visa Hints at Digital Asset Service Plans

One of the world's largest credit bill of fare issuers may hold upwards looking to blockchain equally a agency to facilitate the transfer of cryptographic assets, world records show.

Influenza A virus subtype H5N1 patent application published final calendar week reveals that iv employees of Visa's global production together with business-to-business platform divisions lead maintain submitted a filing entitled "Methods together with System for Using Digital Signatures to Create Trusted Digital Asset Services."

The application itself doesn't delve into many specifics, however. The proposed conception is described equally existence applicable to both world together with someone blockchains, together with hints broadly at the organization existence used to post digitized assets dorsum together with forth.

As the application explains:

"Digital assets associated amongst a value transfer can, inwards roughly embodiments, hold upwards digitally signed past times a sending entity and/or an administrative entity. The sender's signature tin forcefulness out call for that the digital property was legitimately sent past times the indicated sender, together with the administrator's signature tin forcefulness out call for that the digital property was approved and/or recorded past times the administrator. In roughly embodiments, a digital signature tin forcefulness out call for that the digital property has been transferred, together with that the value cannot hold upwards taken back."
Whether Visa is planning to launch a digital property service based on the applied scientific discipline inwards the application remains to hold upwards seen.
Source:: Coindesk