Visa and ConsenSys team up on CBDC tech

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Visa and ConsenSys team up on CBDC tech
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ICYMI: Visa and ConsenSys team up on CBDC tech

been consulting with central banks around the world on new tech for central bank digital currencies.Visa has teamed up with blockchain tech provider ConsenSys in order to develop new infrastructure that will support the rollout of central bank digital currencies .

The new Visa and ConsenSys tech will be able to plug into existing payments modules, meaning companies will be able to integrate infrastructure to issue things like CBDC-linked payment cards or wallet credentials. It is designed to provide an on-ramp for existing networks. Shailee Adinolfi, director of strategic sales at ConsenSys added that interoperability is also a challenge. “We’re looking at addressing problems in a hands-on fashion,” she added.

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