Visa has declared a PIY product manager for the cryptocurrency market. We understand that Visa will enter the cryptocurrency market directly.
Blockchain-based networks Bitcoin (BTC), Ripple (XRP), Stellar (XLM) and Tron (TRX) offer revolutionary innovations for the money transfer and international payment industry. This new technology leads to significant changes in banking and finance. This new technology, especially Swift's position in this industry is difficult.
Ripple's steps in this field have attracted the attention of many banks and financial institutions, and Ripple has made agreements with more than 200 banks. After one step, the bank itself decided to do crypto itself. The most concrete example of this is JP Morgan.
At present, there is a significant movement in Visa. However, there is no clear information yet, but doubts indicate that Visa will enter the cryptocurrency market, both directly and indirectly.
Details of the latest Visa job posts and job posts provide some ideas. The responsibility of the person to be taken for that position is as follows:
Identify strategies for opportunities related to crypto coins and prepare a road map. To determine the priorities and scope of products and have the flexibility to change products according to new developments. Design products and opportunities to increase Visa competition.
Successful end to end product delivery. Collaborate with all stakeholders. To participate in open source projects and contribute to the Visa IP portfolio.
In short, financial companies will adapt to this new technology or disappear. Visa has adapted to this technology, such as JP Morgan