VISA files a patent application to digitize the dollar and other central bank currencies such as the Pounds, Yen, etc. I saw the coming and I believe some crypto enthusiast do as well.
Covid19 might be seen as a disaster to the world in ways which it has disrupt economic activities globally and claimed lives but it is also impacting the world to change the way things are done as well.
Visa has filed a patent application to create digital currency on a centralized computer using blockchain technology.
There are two sides to the world be presented with digital fiat currencies;
- it sill remains a fiat
- it still remains centralized
And we might see more control over us but the positive here is it will expose people to decentralized cryptocurrencies.
We are currently experiencing change in the world, change in the way things used to be and for a digitized fiat, the real crypto enthusiasts will be advantaged.
More or the news: Source