/biz/ - Business & Finance

[Anonymous No.19489333]

does anyone have any insight into why these companies arent all over blockchain tech and different alts? or am i just ignorant? do they have their own? their entire business model is based on e-payment and one of these projects could cut their costs drastically

[Anonymous No.19489361]

Their macro business model is entirely based on debt and poverty

[Anonymous No.19489378]

Their entire business model is based on profits NOW and only worrying about competition later. How long do you think the Jewish debt ecosystem can continue? They'll just lobby cryptos into the ground if they ever actually start to care

[Anonymous No.19489391]

>>19489333
They are too busy trying to get cash banned so that grannies have to pay them to transfer birthday money to their grandchilds bank account instead of handing over a $50 bill

[Anonymous No.19489414]

We will remember them 10 years from now how we now remember blockbuster.

[Anonymous No.19489430]

somebody post the visa patent with dlt shit on it

[Anonymous No.19489457]

They are actually real and profitable companies with applications and transactions in the real world.
Their interest in crypto gambling is as low as Aitbus' interest in cola-mentos rockets.

[Anonymous No.19489468]

>>19489333
>r am i just ignorant?
Yes

[Anonymous No.19489473]

>>19489414
Newfag spotted

[Anonymous No.19489476]

>>19489333
Blockchain is the enemy of the people
Change my mind

[Anonymous No.19489566]

>>19489457
yea this was more in my line of thinking. crypto is a rehash of an idea they actually already executed 30 years ago. the only plausible value of crypto projects is store of value and some lowering transaxn costs. the rest of crypto is pure speculative trash (that i also participate in). If these companies, (also maybe amex, wirecard) arent into a project, the use case is actually not strategically viable in my opinion. but could be that they are just lagging behind as legacy businesses, idk

>>19489468
ok fag

[Anonymous No.19489852]

>>19489333
the real blackpill is that BTC will never replace fiat, that's why they don't care. The dumbs will keep using credit. And even if clown world takes over and BTC does become the new fiat, these companies are in the best positions to run most of the LN. They literally can't lose.

[Anonymous No.19489877]

They are waiting for total standarization. Interwork alliance was just launched etc. In 10 years crypto will be more regulated than fiat. Bye bye muh tech nerds. Maybe the privacy nerds will actually start to print their own physical cash backed by crypto

[Anonymous No.19490652]

>>19489333
>does anyone have any insight into why these companies arent all over blockchain tech
But they are

Visa:
>Visa's patent to digitize dollars shows that they plan to use Ethereum
https://twitter.com/econoar/status/1261359936983855105?s=20

>Visa backs open banking and compliance platform Railsbank
https://news.yahoo.com/visa-backs-open-banking-compliance-115943663.html

>Visa To Acquire Plaid (member Plaid Link?)
https://investor.visa.com/news/news-details/2020/Visa-To-Acquire-Plaid/default.aspx

>Visa builds blockchain-based trusted execution environment
https://www.ledgerinsights.com/visa-blockchain-trusted-execution-environment/

>A TEE-Blockchain System for Policy-Compliant Multiparty Computation with Fairness research paper from Visas Research
https://eprint.iacr.org/2019/178.pdf


Mastercard:
>A food provenance platform utilizing blockchain technology from Mastercard is see real-world use by a U.S. food co-operative giant.
https://www.coindesk.com/top-us-food-co-op-to-track-seafood-using-mastercards-blockchain-tech

>Facebook’s New Cryptocurrency, Libra, Gets Big Backers Visa, Mastercard, PayPal and Uber are among firms that will invest around $10 million each
https://www.wsj.com/articles/facebooks-new-cryptocurrency-gets-big-backers-11560463312

>Accenture Collaborates with Mastercard, Amazon Web Services, Everledger, and Mercy Corps to Increase the Sustainability and Fairness of Global Supply Chains
https://newsroom.accenture.com/news/accenture-collaborates-with-mastercard-amazon-web-services-everledger-and-mercy-corps-to-increase-the-sustainability-and-fairness-of-global-supply-chains.htm

>Mastercard, R3 to Develop Blockchain Cross-Border Payments Platform
https://www.coindesk.com/mastercard-r3-to-develop-a-blockchain-cross-border-payments-platform

>Mastercard, Microsoft Join Forces to Advance Digital Identity Innovations
https://newsroom.mastercard.com/press-releases/mastercard-microsoft-join-forces-to-advance-digital-identity-innovations/

[Anonymous No.19490665]

>>19490652
https://askrypto.com/news/2018/09/mastercard-files-three-patents-to-use-blockchain-technology/
https://www.coindesk.com/mastercard-wins-patent-for-speeding-up-crypto-payments
https://www.coindesk.com/mastercard-patent-filings-tout-blockchain-for-immutable-data-records?amp=1&

[Anonymous No.19490673]

>>19490652
And here comes "Link is used by everyone post"

[Anonymous No.19490678]

>>19489333
Imagine, unironically, having such a baby tier power level.

[Anonymous No.19490688]

>>19490673

https://interwork.org/interwork-alliance-launches-to-standardize-token-powered-ecosystems-worldwide/

[Anonymous No.19490726]

>>19489333
They don't need blockchain.

[Anonymous No.19490783]

>>19490673
>he doesnt know
>>19490726
wrong, see >>19490652 >>19490665
they are Balls deep in.

[Anonymous No.19490792]

>>19489333
Most ATM's literally work on windows XP.
Banking institutions were one of the last industries to go digital in some way.
They perfectly know, and get the tech ready, nobody want's to be a pioneer in that industry.

[Anonymous No.19490803]

>>19489333
hurr durr
>https://usa.visa.com/visa-everywhere/innovation/visa-b2b-connect.html
>https://www.forbes.com/sites/jasonbrett/2020/05/14/visa-submits-patent-application-for-digital-dollar-using-blockchain/