TLDR
'LucidiTEE' is Visa’s proposed system which would utilise blockchain technology to help provide greater levels of security and operational transparency to its business customers. It is a blockchain-based solution which acts as a standardised intermediary layer and automated non-custodial means of securely transmitting private data between two parties; specifically customer information between banks and consumer financial applications. The name ‘Lucidi’ serves as both a pun, and a portmanteau of the term ‘lucidity’ with the acronym ‘TEE’via the TL;DR App
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Written by DeepGoldenMan | Professional News and Features Writer -> Blockchain, Technology, Video Games, Digital Assets
