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Visa joins Hyperledger


Hyperledger has announced its latest tranche of members and certification holders, with companies including Visa, Swisscom, and Tencent all on board.

As expected hyperledger will grow because of the full ranger services in DLT technology for Enterprise without a native token structure. This remains in utilizing the swap of companies to DLT technology without worrying about high gas prices and other transaction-related costs. This also means that you will become SAP services without having the infrastructure of SAP. That is maybe the reason, why SAP has been onboarded to sell DLT services to its customers under the branding of SAP. Unfortunately, this is not the sense of DLT, and hopefully, even if SAP is licensed other companies will provide solutions to killing SAP via DLT. Why? DLT is a third party less protocol running on a ledger-based server system providing peer2peer transactions without intermediaries. SAP is such one who charges his customer's high fees. Everything SAP offers and plays with is obsolete because Smart Contracts on DLT provide the same service in a more convenient and secure way. So a company can set up a hyperledger fabric system without using an additional offering from SAP or other Hyperledger licensed partners.

having the infrastructure of SAP. That is maybe the reason, why SAP has been onboarded to sell DLT services to its customers under the branding of SAP. Unfortunately, this is not the sense of DLT, and hopefully, even if SAP is licensed other companies will provide solutions to killing SAP via DLT. Why? DLT is a third party less protocol running on a ledger-based server system providing peer2peer transactions without intermediaries. SAP is such one who charges his customer's high fees. Everything SAP offers and plays with is obsolete because Smart Contracts on DLT provide the same service in a more convenient and secure way. So a company can set up a hyperledger fabric system without using an additional offering from SAP or other Hyperledger licensed partners. Who are the other licensed partners:

- SIMBA Chain

- SIX Digital Exchange

- Creativehill (DeepDive Technology Group)

- Cardano founder EMURGO

- Blockchain security company "Valid Network"

- Tencent

- SAP (as mentioned)

- SwissCom


Visa B2B Connect, the payment giant’s enterprise blockchain platform that enables cross-border payments between businesses, is partnering IBM to integrate the latter’s development of the open-source Hyperledger Fabric framework.

As reported nearly two years ago to the day, Visa first announced the blockchain platform co-developed with blockchain industry startup chain Inc.., as an alternative solution to global payments rail SWIFT for making large payments between businesses across borders.


Including the Hyperledger Fabric’s functionality into Visa’s core assets’ will help improve and facilitate financial transactions on a scalable permissioned network to ensure “a frictionless cross-border payment experience with utmost security, trust, and transparency,” Visa said in a press release on Monday.



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