Blockchain, IoT, and the Future of Payment Systems
You need new transaction systems to make it possible for smart connected Things to do their thing: deliver services efficiently to people and to each other, verify delivery, and receive payment.
You need new transaction systems to make it possible for smart connected Things to do their thing: deliver services efficiently to people and to each other, verify delivery, and receive payment.
Why: Scaling for bandwidth and efficiency Suppose Bitcoin could scale. Many altcoins were created in the promise of handling more transactions, and with lower fees. But Bitcoin can scale, and it will, thanks to the Lightning Network which went live in 2018. While small, it is growing rapidly. Bitcoin is often criticized for lack of […]