Block chain is a technology. Visa is a payment processor.

It would be like asking "I hear the US is getting rid of the twenty dollar 
bill. Does this mean Wells Fargo will go out of business?"

You can't buy gas at the local gas station with a block chain.

Charles

-----Original Message-----
From: IBM Mainframe Discussion List [mailto:IBM-MAIN@LISTSERV.UA.EDU] On Behalf 
Of Nathan Astle
Sent: Thursday, January 19, 2017 12:47 AM
To: IBM-MAIN@LISTSERV.UA.EDU
Subject: Block Chain

Hi

I was just reading through about block chain. If I understand correct it said 
once block chain comes then payment authorizing party won't be There.
Does that mean this would bypass MasterCard or Visa processing ?

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