Visa Web 3 Account Payment Bill, Ethereum, Self Custodial Wallet

Visa Web 3 Account Payment Bill, Ethereum Self Custodial Wallet, Latest News Visa Web 3 Auto Payment StarkWareLtd Account Abstraction. 

Here is big update for Visa and web 3. Visa is bringing auto payments like bills features to #Web3 market that helps in outlining a smart contract application for a self-custodial wallet, controlled by the user and the associated private key.

This Visa Web 3 Auto Payment concept is known as "Account Abstraction" (#AA), and is being built on #Ethereum. They are utilizing StarkWareLtd empowered by account abstraction, a feature of smart contract wallets like argentHQ, in this current iteration. 

In future blockchain acceptance will be increases, there will be a greater need for products with a superior user experience and core functionality that support real use cases. 

About 4 out of 10 surveyed consumers have changed the way they pay their bills in the past two years of coronavirus time and during this time a more convenient way to pay was the most frequently cited reason. 

In cryptocurrency market, Ethereum, the largest blockchain network by on-chain payment volumes has control over the wallet and private keys automated programmable payments.