Joshua Farrell
Administrator (Profit Partner)
Staff member
Profit Partner
Gold Supporter
Novice Scribe
Registered Member
- Joined
- Sep 21, 2023
- Messages
- 491
- Solutions
- 1
- Reaction score
- 223
- Age
- 36
- D Bucks
- 💵42.486325
- Referral Credit
- 25
- #1
Thread Owner
: Joshua Farrell
Visa, Mastercard, and American Express are all exploring the use of blockchain technology and cryptocurrency in their payment systems.
- Visa is exploring the use of blockchain technology to process recurring payments using smart contracts on the Ethereum network.
- Mastercard has announced a new platform called Artist Accelerator, which will allow musicians to grow their brand and increase fan engagement in the Web3 space.
- American Express is exploring the use of blockchain technology to improve security and efficiency in their payment systems.
These developments show that major financial institutions and corporations are increasingly adopting blockchain technology and cryptocurrency. This is a positive sign for the future of crypto and its potential to become more mainstream. It's worth noting that these developments are just a small sample of the progress being made in the crypto space, and in the future, many customers may not even know they are using blockchain technology.
Will Visa customers care that the company is using blockchain to improve efficiency? No. They’ll be happy with lower transaction fees while continuing to use their cards.
Will musicians even realize they’re using blockchain technology on Mastercard’s Artist Accelerator platform? No. They’ll be grateful if it increases their fanbases.
Customers don’t care how the tech works. They just want better products at cheaper prices. And that’s what blockchain will offer.
- Visa is exploring the use of blockchain technology to process recurring payments using smart contracts on the Ethereum network.
- Mastercard has announced a new platform called Artist Accelerator, which will allow musicians to grow their brand and increase fan engagement in the Web3 space.
- American Express is exploring the use of blockchain technology to improve security and efficiency in their payment systems.
These developments show that major financial institutions and corporations are increasingly adopting blockchain technology and cryptocurrency. This is a positive sign for the future of crypto and its potential to become more mainstream. It's worth noting that these developments are just a small sample of the progress being made in the crypto space, and in the future, many customers may not even know they are using blockchain technology.
Will Visa customers care that the company is using blockchain to improve efficiency? No. They’ll be happy with lower transaction fees while continuing to use their cards.
Will musicians even realize they’re using blockchain technology on Mastercard’s Artist Accelerator platform? No. They’ll be grateful if it increases their fanbases.
Customers don’t care how the tech works. They just want better products at cheaper prices. And that’s what blockchain will offer.