num_pages: 400
description: 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 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.
language: English
title: VALUEWEB: How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet of value
publisher: Marshall Cavendish International (Asia) Pte Ltd