Visa Plans to Build Core Infrastructure for On-Chain Lending

The global payment giant signals deeper involvement in blockchain-based financial systems, seeking to establish a foundation for decentralized lending operations.

CORE

Summary

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Terms & Concepts
  • On-Chain Finance: Financial transactions and services executed directly on a blockchain network without intermediaries, enabling transparency and decentralization.
  • Decentralized Lending: A blockchain-based lending model that allows users to borrow and lend assets through smart contracts instead of traditional financial institutions.
  • Blockchain Infrastructure: The foundational technology and architecture supporting blockchain operations, including nodes, smart contracts, and protocols enabling secure, decentralized transactions.