News about Visa getting into the Crypto/blockchain space is indeed big news. They've been interested in blockchain technology for a number of years now. They have 'Innovation Centres' in the US, UK, Israel and... I think, Singapore.

Obviously not giving away any clues about who I currently work for, but I've been inside Visa's UK Innovation Centre and it is big on the potential of blockchain. They talk about it right after they show you the 'connected car', which is a Bentley btw.

And if Visa are interested, then you can bet so are MasterCard, Amex, and everybody else in the space.

The news of them going public with job announcements is, I think, the next step on a road which will see these global multi-national companies become more and more involved in the space.

In a different space, think I also saw Cisco advertising for blockchain engineers too.

The Visa position looks to be in the B2B (Business-to-Business) space and focused on Settlement. Settlement, in this context, is how Visa derives the net settlement positions of all the banks on a daily basis. For eg, after everybody's done their shopping then bank A needs to transfer x dollars to bank B.

An extremely important part of the Visa ecosystem and I think the fact of them focusing on this as a potential for blockchain is a big confidence vote on the technology (as if anybody on here needs to be convinced).

Another great post though and I will be keeping an eye on both SingularDTV and EOS.