Ga naar de inhoud

Blockchain News Feed

All the latest news on Blockchain & Cryptocurrencies

Menu
  • Home
  • News
  • Exchanges
  • Market Analysis
  • YouTube
  • Brave Browser
Menu

Visa Card Network Crashes, Blockchain Has Never Gone Down!

Geplaatst op juni 2, 2018 door Blockchain News

Shoppers around Europe are currently unable to complete payments with Visa Cards at checkouts following a network failure.
Visa represents the world’s largest payment platform and is widely used across Europe. However, the service has come short since 3:00 pm London Time, leaving users stranded and unable to pay for grocery shopping, train tickets and just about anything.
The reason for the massive downtime is yet to be made public with shopping mall especially in Britain opting for cash only checkouts until the issue is resolved.
Visa has confirmed being aware of the situation and said hands were on deck to resume payment processing for their distraught customers.
“We are currently experiencing a service disruption which is preventing some Visa transactions in Europe from being processed.”
We are investigating the cause and working as quickly as possible to resolve the situation. We will keep you updated,” Visa said in a 5:00 pm update.

While investigations into the causes of the failure are ongoing, Visa Card users are getting into trouble, and something obviously needs to be done as soon as possible.
One user, Liz Atkins had made a post on Twitter,
“@visa. On holiday in Sicily. Car hire has messed up and #visadown means card declined for trains.
We owe our hosts €350 and need to get to Palermo from Taormina for flights. Can you help please??”.
Time For Blockchain?
Understandably, the long downtime had raised questions about the continued reliance on centralized payment systems instead of a decentralized blockchain.
Popular blockchains manning Bitcoin and Ethereum, two of the most frequently used cryptocurrencies boast a 100% downtime and have transactions rounded up in just 14 seconds as with Ethereum.
Being decentralized also means there cannot be a single point of attack on the network, a feature Visa would no doubt wish to have at this moment.
With the rest of the world watching, it is becoming evident that maybe now is the time to start ditching central payment systems for the ever secure and always operational blockchain powered payment options.
Meanwhile, Visa Card users will hope it’s just a few hours glitch and that things get back to normal as quickly as possible.
By Amanda Williams
Source: Coinpower News
Original Post: Visa Card Network Crashes, Blockchain Has Never Gone Down!

Ledger Nano X - The secure hardware wallet

Recente berichten

  • Bitcoin gets Fed rate pause 'tailwind' as BTC eyes $106K short squeeze
  • Europe’s first Bitcoin treasury firm buys another $20M BTC, now holds over $170M
  • Analyst: Prepare for a 530% XRP price breakout to $14 if this happens
  • Ex-TON Foundation exec launches crypto investment app on Telegram
  • Vietnam legalizes crypto under new digital technology law

Categorieën

  • Altcoin Buzz
  • Altcoin Buzz News
  • AMBcrypto
  • Bitcoin.com
  • Bitcoinist
  • BTC Manager
  • CCN
  • Coin Mastery
  • Coindesk
  • Coinpower News
  • Cointelegraph
  • CryproSlate
  • Crypto Daily
  • Crypto News (.net)
  • Cryptocoin News
  • Cryptocurrency News
  • CryptoDaily.co.uk
  • CryptoPotato
  • CryptosRUs
  • Daily HODL
  • DataDash
  • Ethereum Worldnews
  • Exchanges
  • ICO's
  • Invest in Blockchain
  • Market Analysis
  • News
  • News BTC
  • Newsbit
  • Portfolio
  • Pricecheck
  • Ready Set Crypto
  • The Modern Investor
  • ToshiTimes
  • Use The Bitcoin

Archieven

  • juni 2025
  • mei 2025
  • april 2025
  • maart 2025
  • februari 2025
  • januari 2025
  • december 2024
  • november 2024
  • oktober 2024
  • september 2024
  • augustus 2024
  • juli 2024
  • juni 2024
  • mei 2024
  • april 2024
  • maart 2024
  • februari 2024
  • januari 2024
  • december 2023
  • november 2023
  • oktober 2023
  • september 2023
  • augustus 2023
  • juli 2023
  • juni 2023
  • mei 2023
  • april 2023
  • maart 2023
  • februari 2023
  • januari 2023
  • december 2022
  • november 2022
  • oktober 2022
  • september 2022
  • augustus 2022
  • juli 2022
  • juni 2022
  • mei 2022
  • april 2022
  • maart 2022
  • februari 2022
  • januari 2022
  • december 2021
  • november 2021
  • oktober 2021
  • september 2021
  • augustus 2021
  • juli 2021
  • juni 2021
  • mei 2021
  • april 2021
  • maart 2021
  • februari 2021
  • januari 2021
  • december 2020
  • november 2020
  • oktober 2020
  • september 2020
  • augustus 2020
  • juli 2020
  • juni 2020
  • mei 2020
  • april 2020
  • maart 2020
  • februari 2020
  • januari 2020
  • december 2019
  • november 2019
  • oktober 2019
  • september 2019
  • augustus 2019
  • juli 2019
  • juni 2019
  • mei 2019
  • april 2019
  • maart 2019
  • februari 2019
  • januari 2019
  • december 2018
  • november 2018
  • oktober 2018
  • september 2018
  • augustus 2018
  • juli 2018
  • juni 2018
  • mei 2018
  • april 2018
  • maart 2018
  • februari 2018
  • januari 2018
  • december 2017
  • november 2017
  • oktober 2017
  • september 2017
  • maart 2017
  • juni 2016
  • juli 2014
  • september 2013
  • augustus 2013
©J Blockchain News Feed | Ontwerp: Krant WordPress thema