The overview of what 2015 has become for the world of finance published by VisaEurope suggests that the year has seen rise in payments, and that innovative technologies have closely merged with finance, making blockchain the reality “to live with.”

According to the overview, the technology is “no longer a matter of choice anymore.”



Listing the raise of interest towards the personality of bitcoin creator and the adoption of bitcoin digital currency as a commodity among the major developments, the review still outlines that a shift of interest from bitcoin to blockchain, the technology underpinning it, has been quite obvious throughout the year.

Visa Europe itself has been working on a blockchain proof-of-concept based on a simulation of real remittance transactions since November. Moreover, Visa Inc. was among the companies that invested $30 million in Chain Inc., a San Francisco-based company that works on the blockchain.

A research team focused on improving Visa Checkout and mVisa products with the help of blockchain started the joint work with Visa's two research labs in the US and Singapore.





Maria Rudina