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

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 your fridge orders groceries your car fuel your television entertainment and so on However machines cannot trade with machines if

  • Title: VALUEWEB: How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet of value
  • Author: Chris Skinner
  • ISBN: null
  • Page: 199
  • Format: Kindle Edition
  • The Internet of Things is all about machines trading with machines your fridge orders groceries your car, fuel your television, entertainment and so on However, machines cannot trade with machines if it 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 Unfortunately witThe Internet of Things is all about machines trading with machines your fridge orders groceries your car, fuel your television, entertainment and so on However, machines cannot trade with machines if it 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 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 or ValueWeb, for short 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 The question then is what does this mean for financial institutions, governments and citizens This book provides the answers.

    One thought on “VALUEWEB: How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet of value”

    1. Different approach at looking at blockchain technology, kind of repetitive.I most like the interviews more than the book.

    2. I feel angry with myself that I bought this as I should have known what to expect. A very corporate book clearly designed to cash in on the current blockchain buzz in financial services. Low on genuine insight and intellectual challenge and half of the book was just reprinted interviews from the guy's blog, or something. Figures not properly labelled and the same nuggets of info were repeated all the way through. A few targeted google searches would give just as much insight as this book.

    3. Good review of how traditional banks need to adjust. Includes some skeptics with respect to Bitcoin, which are compelling arguments against it as a currency. Can banks adapt? The historical evidence says they can. Interesting look at why and how.

    4. Better than expected tear-down of FinTech, focusing primarily on transfer of value (money) via incumbent banks, challenger banks and cryptocurrencies.

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