Crypto Blog
Visa, a global leader in payments technology, has marked a significant milestone by completing a pilot test in collaboration with HSBC and Hang Seng Bank.
The results showed great promise, with accelerated payment speeds, enhanced settlement risk management, improved control, and heightened transaction transparency. Overall, the findings underscore the significant benefits and opportunities that tokenized deposits can offer. Tokenization technology is revolutionizing the financial industry, bringing about a paradigm shift. Within this realm of innovation, tokenized deposits have emerged as a game-changer, creating a novel communication channel for banks and digital assets. This development has captured the attention of the financial sector, unveiling a multitude of opportunities.
Nischint Sanghavi, Head of Digital Currency Business Unit, Asia Pacific, Visa, highlighted the potential benefits of implementing a central bank digital currency. These advantages include faster settlements, a seamlessVisa’s participation in the pilot program provides valuable insights for the application of central bank digital currencies, shaping the future of the payments ecosystem.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Visa completes digital Hong Kong dollar pilot test with local banksThe payment processor partnered with HSBC and Hang Seng for the e-HKD pilot.
Leer más »
NASA’s Lucy Spacecraft Successfully Completes First Asteroid FlybyScience, Space and Technology News 2023
Leer más »
Can You Ever Successfully Have a Relationship With an Ex?This is not an excuse to text your ex.
Leer más »
Adobe officially completes and opens eye-catching downtown San Jose bridgeAdobe has opened an eye-catching new bridge that connects the tech titan’s new Founders Tower with its other downtown San Jose office highrises.
Leer más »
NASA Completes Key Step in Aviation Safety ResearchNASA’s aeronautical innovators have completed a significant step in their pursuit of safer, more efficient aviation technologies that spot hazards before they
Leer más »