Visa has partnered with Abu Dhabi based $ADI Foundation to explore how blockchain infrastructure could work alongside its global payment network as the companies assess new digital payment and digital asset transaction systems.
According to an announcement shared with crypto.news, the collaboration will focus on digital payment solutions, payment infrastructure and the development of digital finance services, bringing Visa’s payments network together with $ADI’s distributed ledger infrastructure. The agreement follows the signing of a Memorandum of Cooperation and remains exploratory, with no specific product or commercial rollout announced.
Visa and $ADI explore blockchain payment infrastructure
Work under the agreement will examine mechanisms that could make payment flows faster and more efficient while assessing technical infrastructure capable of supporting digital asset based transactions.
