Blockchain faster than VISA!?!

I would like to share an old news, for those who haven't seen it, so you guys can keep tab on these company. See who will implement it in the near future.
Imagine a blockchain that have a fast or faster transaction times than VISA? If a great mind put this to use and start developing, pretty sure it will go to the moon and beyond.
We all know the problems with transacting using cryptos. Especially Bitcoin anyway. To really make cryptocurrency replace the failing current monetary system, it has to be better. This will certainly provide that.
https://www.businessinsider.com.au/australian-scientist-have-quietly-built-a-world-beating-super-fast-blockchain-2017-10