VALUEWEB: How fintech firms are using bitcoin blockchain and

VALUEWEB: How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet of value

The Internet of Things is all about machines trading with machines â€“ your fridge orders groceries; your car, fuel; your television, entertainment; and so on. However, machines cannot trade with machines if itâ€™s expensive and slow. Would you really want your TV to order the next season of Games of Thrones, if the payment took ten days and cost $25 or more? Unfortunately with the way the bank system works today, that is the problem we face today. As a result, we need an Internet of Value to work with the Internet of Things. The Internet of Value â€” or ValueWeb, for short â€” allows machines to trade with machines and people with people, anywhere on this planet in real-time and for free. Using a combination of technologies from mobile devices to bitcoin and the blockchain, fintech firms are building the ValueWeb.Â The question then is what does this mean for financial institutions, governments and citizens? This book provides the answers.
Country USA
Manufacturer Marshall Cavendish International (Asia) Pte Ltd
Binding Kindle Edition
ReleaseDate 2016-03-31
Format Kindle eBook

Country	USA
Manufacturer	Marshall Cavendish International (Asia) Pte Ltd
Binding	Kindle Edition
ReleaseDate	2016-03-31
Format	Kindle eBook

VALUEWEB: How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet of value