Call me crazy but I bet blockchain technology failed because Big Credit Card (i.e. Visa) didn't want any new technology wiping out their existing revenue streams. Why lose your grip on a monopoly when you can just make a few people disappear ...
Visa
V
trading on NYSE
since 2008
$355.00
(Δ 0.33%)
+$1.15 since open
Visa operates as a global payments technology company that facilitates electronic funds transfers between consumers, merchants, and financial institutions worldwide, earning revenue primarily through fees for processing transactions and providing related services, rather than by issuing cards or lending money itself.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $356.49 | $360.22 | $354.33 | $702.40B | 7.23M |
| eps | p/e | p/s |
operating margin |
profit margin |
yield |
| +$0.00 | +Inf | n/a | 56.65% | 47.71% | 0.66% |