The news that the giant of the payment industry, Visa, decided to implement blockchain into its business services appeared in media long time ago. It plans to create a special worldwide blockchain platform for large-scale business transactions.

The launch of the blockchain services is appointed for the first quarter of 2019, yet Visa has already started integrating open-source blockchain code from Hyperledger Fabric. This action will help to improve the security and transparency in cross-border payments.

Visa B2B Connect and IBM became partners to carry out such an idea. Jason Kelly, a representative of IBM,

stated

:

“IBM Blockchain Platform and Hyperledger technology are delivering real business value today and B2B Connect is one of the most powerful examples to date of how blockchain is transforming payments.”

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