ValueWeb How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet By Chris Skinner

ValueWeb How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet By Chris Skinner [Chris Skinner]

ISBN 10: 

ISBN 13: 

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 its 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 or ValueWeb, for short allows machines to trade with machines and people with people, anywhere on this planet in realtime 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 This book will be an invaluable read for all interested in the way business works Sir Roger Gifford, Former Lord Mayor of London