Daily Archives: 21/12/2020

Visa proposed a method of offline payments in state cryptocurrencies

Visa has released a research paper that outlines how government cryptocurrencies can be used to conduct offline transactions. Visa has offered an offline payment system for government cryptocurrencies. The paper, titled Towards a Two-Tier Hierarchical Infrastructure: An Autonomous Payment System for Central Banks Digital Currencies, highlights the benefits of government-owned cryptocurrencies. At the same time, the researchers said that when such currencies become available, they can be used without an Internet connection. The payment giant…

Glasgow University uses Everledger blockchain to authenticate whiskey

The University of Glasgow’s University of Glasgow Environmental Research Center (SUERC) uses the Everledger blockchain to prevent Scotch whiskey counterfeiting. SUERC researchers said the Everledger platform will be available to premium whiskey producers, retailers, auction houses and collectors. They will be able to track the supply chain of rare whiskeys, as well as check the quality of products and their compliance with established standards. According to the center’s researchers, in 2018 the market for “vintage”…