Visa has proposed a concept called "Account Abstraction" (AA) in a whitepaper aimed at developers of Ethereum-compatible systems.
This solution would allow users to intelligently and securely schedule recurring payments by setting up a programmable payment instruction to automatically send funds…
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Blockchain
Mastercard launches Web3 card for cryptocurrency payments
Payments on the Web3, with cryptocurrencies, in the real world and the metaverse, are made possible by a partnership between Mastercard and Immersve.
Mastercard reported that the new product constitutes the most decentralized digital…
Visa targets stablecoin liquidations
Visa is investing in the global settlement of digital assets and fiat currencies, with the goal of allowing its clients to convert digital assets into fiat currencies on its platform.
The head of the company's cryptocurrency division, Cuy…
Crypto ban in China poses a risk
Huang Yiping, a former member of the People's Bank of China's Monetary Policy Committee, said the current ban on cryptocurrency trading in China could result in long-term missed opportunities for the formal financial system, including…
Silvergate crypto bank lost 877 million in 2022
Silvergate Capital, an entity focused on Bitcoin and blockchain companies and owner of Silvergate Bank, recorded losses of 948.6 million dollars (877 million euros) in 2022, compared to attributable net profit of 75.5 million dollars (70…
Mexican digital peso launch date unclear
The Central Bank of Mexico, better known as Banxico, is still working on the launch of its own digital currency, which is now estimated not to be ready by 2024.
The information from the local media ensures that the institution is working…
Digital Art: The trend that joined the crypto world
In recent years, we have seen how digital art has generated both interest and skepticism, and precisely the latter has occurred due to the absolute ignorance that exists about this not-so-new way of creating new languages and artistic…
2023 will begin with an agenda of international events on technology
During 2023, various international events on technology will take place, including topics such as Artificial Intelligence, cryptocurrencies, blockchain, the Internet of Things, among others.
January 2 will be the start of the agenda, in…
Nigeria studies recognizing cryptocurrencies as investment capital
Nigeria has its digital currency (CBDC), called eNaira. Now, the West African country is studying a bill through which cryptocurrencies could be declared as capital for investment.
The announcement was made this Sunday, by the local…
The Red Cross works on a tokenized aid project for areas in conflict
The International Committee of the Red Cross, ICRC, is working on a project based on blockchain technology to deliver tokenized aid to populations in conflict zones.
According to information provided by The Block, the Red Cross project is…
Russia would be working on its own Bitcoin exchange
The sanctions against Russia from the European block are leading Vladimir Putin to consider the creation of his own Bitcoin exchange, to regulate trading in the territory. Likewise, the president would be studying an international payment…
FIFA will have four licensees based on Web3 and blockchain
While waiting for the main soccer sporting event, the World Cup in Qatar, FIFA announced that once the agreement with Electronic Arts (EA) is completed, it will have four novelties for the fans based on the metaverse, Web3 and blockchain…