Blockchain ain’t about payments or even money. It’s about process.
The Fintech revolution is Moore’s Law finally impacting Banking, Finance, Securities and Insurance (BFSI). If the cost of a payment is simply a flicker of attention from a server somewhere whose cost is dropping every year, expect the price charged for payment to eventually catch up to this reality.
At a macro level, payments is the big one.
When you find a market worth $1.5 trillion (yes, trillion) growing at 20%, pay attention!
Note that this is only B2C. That is what I want to focus on today. B2B payments is another big market and there are cross-overs in the supply chain world i.e. B2B2C or distribution finance. However in this post I want to focus only on B2C.
Lets move from the macro 30,000 foot level…
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