5 Biggest Companies That Might Be Disrupted By Blockchain Technology

4. Visa Inc (NYSE:V)

Visa Inc (NYSE:V) is affected by the ascension of cryptocurrencies as more merchants adopt Bitcoin, Litecoin and other currencies as a form of payment, although the value of transactions conducted through cryptocurrencies is very small. Cryptocurrencies are considered very reliable forms of payment, especially in online commerce and it has many advantages over paying with a credit card. However, blockchain is also likely to disrupt the whole payment processing industry as it offers a better way to transfer money, particularly oversee. Visa Inc (NYSE:V) has taken notice of the technology and is developing “Visa B2B Connect”, which seeks to ensure fast bank-to-bank and corporate transfers involving high amounts of money.

Visa Inc (NYSE:V), Visa Electron, Card, MasterCard, Cards, Credit, bank

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