Safe’s Safenet looks to bring Visa-like payments network to cryptocurrencies
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2024-12-04 14:32 590
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Golden Finance reports that multi-signature wallet and digital asset platform Safe is preparing to launch a blockchain transaction processor network (Safenet) next year that will allow instant cross-chain payments before funds leave user accounts.
Safe co-founder Lukas Schor said that its decentralized transaction processing network Safenet was inspired by VisaNet, the payment network that powers Visa. VisaNet provides global payment processing, allowing instant transactions and providing merchants with payment protection until funds go through a series of checks and are sent days later.