Visa has partnered with long - term collaborator IBM to integrate its Hyperledger Fabric into the Visa Bank Connect mobile payments platform , set to be launched in 2019 . Technology from blockchain firm The card company has been working on the project with blockchain firm Chain.com which was recently acquired by Interstellar, a for-profit business set up to promote Stellar. Chain.com will no longer be used on the project , a Visa spokesperson confirmed . Visa Bank Connect aims to offer an alternative banking system , with money remitted between Visa network banks . Bottomline Technologies has already been named as an early adopter and , in September , Visa revealed a bank in Thailand was piloting the system .
Visa has partnered with long - term collaborator IBM to integrate its Hyperledger Fabric into the Visa Bank Connect mobile payments platform , set to be launched in 2019 . Technology from blockchain firm Chain.com will no longer be used on the project , a Visa spokesperson confirmed . Visa Bank Connect aims to offer an alternative banking system , with money remitted between Visa network banks . Bottomline Technologies has already been named as an early adopter and , in September , Visa revealed a bank in Thailand was piloting the system .