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Visa Introduces the Visa Tokenized Asset Platform

usa.visa.com

31–33 of 33 posts

Re: Visa Introduces the Visa Tokenized Asset Platform

#31

Earlier quoted context omitted.

Just that you need to aling on one blockchain ( https://en.wikipedia.org/wiki/List_of_blockchains ). So if i would be VISA or anyone else, i would just create a visachain without any need for distributed, public etc. And cross chain transaaction is not a solved problem. Also for financial transactions and things, i do not want them public. Now i need some magic zero knowledge system and a trust anker. Who verifies th…

Visa chose public EVMs already supported by the industry and market Take it up with them, “visachain” doesn’t inspire the same level of confidence for their stakeholders and shows competitors how to offer something without spinning up or maintaining their own blockchain, and wouldn’t have the rest of the DeFi infrastructure, namely liquidity pool from unrelated parties Private transactions is its own niche that happe…

If big businesses uses this somehow fine, but i really hope all the crypto scams and other cryptobro shit dies sooner than later.

If people would even be smarter about it, we would not mix all the shady shit with the other shit together.

Like having some conference about it but not inviting companies who scammed others

Re: Visa Introduces the Visa Tokenized Asset Platform

#32

Earlier quoted context omitted.

Visa chose public EVMs already supported by the industry and market Take it up with them, “visachain” doesn’t inspire the same level of confidence for their stakeholders and shows competitors how to offer something without spinning up or maintaining their own blockchain, and wouldn’t have the rest of the DeFi infrastructure, namely liquidity pool from unrelated parties Private transactions is its own niche that happe…

If big businesses uses this somehow fine, but i really hope all the crypto scams and other cryptobro shit dies sooner than later. If people would even be smarter about it, we would not mix all the shady shit with the other shit together. Like having some conference about it but not inviting companies who scammed others

Do you have an actual point in your previous paragraphs or does it all essentially boil down to very highbrow pearl clutching?

Re: Visa Introduces the Visa Tokenized Asset Platform

#33
post #32

Earlier quoted context omitted.

If big businesses uses this somehow fine, but i really hope all the crypto scams and other cryptobro shit dies sooner than later. If people would even be smarter about it, we would not mix all the shady shit with the other shit together. Like having some conference about it but not inviting companies who scammed others

Do you have an actual point in your previous paragraphs or does it all essentially boil down to very highbrow pearl clutching?

I mentioned my issues with it.

I mentioned that we can't do cross chain transactions. That for a company like visa it doesn't even make sense to expose transactions publicly, moving trust from your own business to some outside entity (why would visa even want to destroy their own business), all the scams which are happening (which makes it hard to understand what is valid and what not), the fact that smart contracts aren't just solving automagically all problems as they also have to be develloped, validated etc.

Did you adress all my points?

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