Visa Europe Collab & Epiphyte: Private and Alternative Blockchains Are ‘Vapourware’ At This PointIn an interview with CoinJournal, Jon Downing of Visa Europe Collab and Edan Yago of Epiphyte said that while they are interested in other systems, Bitcoin will likely play a role in the future and other blockchains have to be considered “at this point vapourware.” Seemingly a departure from the tone of other institutions that preferred to hype their own blockchain technologies over Bitcoin itself.
Visa and Blockchain stories are nothing new, the payment network has made comment on the technology dozens of times over the past year and whereas the frequency of headlines about bitcoin & financial institutions has reached a boiling point, something we may not have expected 12 months ago, the latest news from Visa Europe Collab is more interesting having announced a proof of concept through their collaboration with Epiphyte Limited.
About Visa Europe Collab
Visa Europe Collab was set up at the beginning of 2015, essentially serving as the innovation hub of Visa Europe. The company is exploring five key areas/questions: How to add value in the smart cities space, how friction can be removed from the consumer retail environment through new innovations, how identity and authentication can be simplified without compromising our own personal security and blockchain technology, specifically at how the technology and cryptocurrencies can provide long-term value for Visa Europe and how they can enable existing services to be delivered in innovative ways.
http://coinjournal.net/visa-europe-collab-epiphyte-blockchain-interview/
