Payment, especially micropayment, is of fundamental importance in blockchain and in merging physicality and digitality. It is not just an improvement of the existing payment system (see the chapter “Payment Must Change—Credit Card Is A……...
Payment, especially micropayment, is of fundamental importance in blockchain and in merging physicality and digitality. It is not just an improvement of the existing payment system (see the chapter “Payment Must Change—Credit Card Is A……...
The global economy is defined by its payment system. But a fundamental anomaly burdens the present payment system: Credit intermediation. The two biggest financial systems that owe their very existence to credit intermediation are: Both……...
Currency is language, and speaking a foreign language is hard. Bitcoin should be spent as cash. That is the original intent of Satoshi Nakamoto, and the continued design and development effort made with Bitcoin SV….…...
As described in PART 3 System and Architecture, especially chapters “USSoT, IP-to-IP, SSI, and the True Web3,” “The New Internet and Blockchain,” and “Integration of IPv6 and Blockchain,” the blockchain can be integrated with the……...
Many of the transformations caused by the merging of physicality and digitality on the blockchain are enabled by tokenization. Unlimited use cases are being made possible. Unfortunately, tokenization has become a buzzword, leading to the……...
The merging of physicality and digitality will transform many industries, including financial services and the supply chain management industry. Fundamentally, these industries are about assets and the management of their existence, interaction, contracting, transferring, coordinating,……...
Data security is a problem which is growing faster than the information technology industry itself. The current situation is not only costly but also completely unsustainable. We all pretend it is tolerable simply because no……...
Triple entry accounting was introduced by Ian Grigg in 2005 (Triple Entry Accounting, iang.org). Bitcoin blockchain is a perfect system on which triple-entry accounting can be implemented. This is not only because Bitcoin blockchain is……...
A revolution in how business relationships, structures, organizations, assets, contracts, transactions, and records are created, managed, and serviced is happening, and people will soon notice. It is an important part of the biggest business revolution……...
AI needs to be decentralized and personalized and to do that, it will need a scalable public blockchain serving as a truth layer of a global data network that supports decentralized data ownership. What’s wrong……...