Players in payments and commerce keep trying to get their heads around blockchain technology, seeking out use cases and striving to determine if the reality can ever live up to the hype. Answers are relatively slow in coming, and skepticism abounds. However, in Canada, real-time payments, energy incentives have combined in a way that includes blockchain, which would pave the way for other such efforts.
That’s the story told by Oscar Roque, AVP of innovation, research and emerging solutions at Canadian payments network Interac, in a new PYMNTS interview. He spoke about how the organization has found a potential, new payments-related use for blockchain, how it can be used to bridge together previously independent organizations and what might come next based on that push, as Interac continues to innovate in the FinTech space.