Visa Europe’s creation lab was demonstrating a proof-of-concept remittance app, which sends supports over a bitcoin blockchain, during a UnBound London discussion on 30th November.
The lab built a prototype with startup Epiphyte as part of a 100-day growth project. Visa Europe Collab’s Jon Downing and Epiphyte’s Edan Yago discussed a reasons for embarking on a project, and for regulating a bitcoin blockchain instead of a sealed network, in this CoinDesk exclusive.
At a conference, hold underneath a Victorian railway arches of London Bridge, Collab’s Nigel Clarke, an creation partner there, gave us a hands-on demo of the money-transfer antecedent with an exclusive screen-by-screen walkthrough.
The “remittance journey” starts on a send screen. This is a responsive web page that works on a desktop or mobile browser. The thought is for a user to couple a Visa label to a remittance app. Once linked, a app will show an accessible change and a analogous label details.
The antecedent comes with BitPesa built in as a third-party use that will capacitate a target to obtain their funds in a fiat banking of their choice. The user therefore has to pointer adult for a BitPesa or other third-party use account