What Bitcoin can learn from Visa – Bitcoints


Published on September 16th, 2015 | by bitcoin


What Bitcoin can learn from Visa

Odd bedfellows: what a Bitcoin company can learn from the strange history of VISAWhen the founder of VISA Dee Hock joined the advisory board of Bitcoin startup Xapo, it seemed pretty strange to me.
So what could the founder of VISA want with Bitcoin, and more importantly, what could Bitcoin want with him?
In fact, VISA is arguably the best example in the history of business in utilizing Bitcoin’s most vital characteristic: decentralization.
Your credit card has the VISA logo on it, but someone like Capital One is issuing you the credit.
They describe the “four parties of a VISA transaction”, and VISA is not listed as one of those parties.

Source: Medium.com

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