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Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.

Women in Blockchain: Sam Shrager of BCB Group

Women in Blockchain: Sam Shrager of BCB Group

The Women in Blockchain Series describes the journeys of some of the pioneer women driving initiatives and changing the nature of work by leveraging this revolutionary technology.

Cambodia Officially Launches Its State-Backed Digital Currency “Bakong”

Cambodia Officially Launches Its State-Backed Digital Currency “Bakong”

The National Bank of Cambodia has announced an official launch of a national digital currency that would operate via smartphone apps.

G7 Will Meet to Discuss CBDC and Digital Tax this Week Says Japan’s Finance Minister

G7 Will Meet to Discuss CBDC and Digital Tax this Week Says Japan’s Finance Minister

The Group of Seven (G7) will meet on Feb.12 to discuss central bank digital currencies (CBDC), digital taxation and global debt according to Japan’s Finance Minister Taro Aso.

Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US

Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US

Aiming to curb the potential influence of China’s digital currency electronic payment, its nation’s central bank digital currency, Japan is looking to release its own digital currency proposals today. According to Prime Minister Shinzo Abe, the country is also requesting support from the US Federal Reserve.

Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America

Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America

Crypto mining giant Bitmain has announced that it will be partnering with crypto mining firm Foundry to extend its services to North America.

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