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Visa Creates Blockchain-Based Fintech Data Management System ‘LucidiTEE’

boss Cryptocurrency Market, News 0

Visa, one of the largest global payment solution providers, has come up with its own data management tool which is entirely based on blockchain. The new blockchain system, called LucidiTEE, is poised to replace the legacy fintech data management software.Visa’s Research and Development wing has published a paper based on

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Visa’s Rolls Out New Blockchain LucidiTEE – Tackles Concerns related to misuse of sensitive user data, when shared with third-parties.

David Blockchain 0

Visa’s LucidiTEE claims to be the first system to enable multiple parties to jointly compute on large-scale private data while guaranteeing policy-compliance even when the input providers are offline and allows fairness to all output recipients. The project, from the research arm of Visa –  aims to take on growing

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