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#VISA outlines #Interoperability for #CBDC payments through a Universal Payments Channel (UPC)
Small thread on how it ties in to @quant_network.
theblockcrypto.com/post/119117/vi…
Small thread on how it ties in to @quant_network.
theblockcrypto.com/post/119117/vi…
"The UPC protocol facilitates payments through an entity, called the UPC hub (or server — we use the terms interchangeably), which acts as a gateway to receive payment requests from registered sending parties and routes them to registered recipient parties,
#DLT #NoN
#DLT #NoN
UPC is acting as a 'Gateway' between both #CBDCs which is the method that quant have taken with their API gateway #Interoperability solution.
"Ultimately, Visa aims for UPC to serve as a "network of blockchain networks" to move digital currencies around."
"Ultimately, Visa aims for UPC to serve as a "network of blockchain networks" to move digital currencies around."
