The Internet of Value

Blockchain allows assets to be transferred between parties, with no
middleman – value will be able to move around the world as information does.

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From the internet of information to the internet of value

With today’s internet of information you can’t store, move, transact value without a powerful intermediary. And that’s what blockchains solve.

Blockchain technology will have a dramatic impact on business and society, by providing a secure, direct way of exchanging money, intellectual property and other rights and assets without the involvement of traditional intermediaries like banks, utility companies and governments.

Why is investing in Crypto so important for the future?

*Compared from launch to the highest recorded value

190x

Bitcoin Value Increase

480x

XRP Value Increase

The underlying technology of blockchain

The underlying technology of blockchains might actually represent a second era of the internet. For the last 40 years we’ve had the internet of information; now, with blockchains, we’re getting the internet of value.

That’s because blockchains enable the peer-to-peer exchange of assets, something that has been largely absent from the information publishing nature of today’s web-dominated internet.

 

The internet of information was great but it did have a big weakness. You couldn’t store, move, transact value without a powerful intermediary. And that’s what blockchains solve.

The peer-to-peer exchange facilitated by blockchains has its basis in some pretty complex but powerful IT architecture. In essence, blockchains are cloud databases distributed over large numbers of devices that maintain a global distributed ledger of transactions, whose integrity, permanence and non-reputability are assured by the running of regular comparisons across chains of those interconnected blocks. The underlying technology is open source, leaving companies free to innovate; and it maintains security through the use of heavy-duty encryption.

Internet of value means an exchange anything of value like foreign currency payment, stocks, securities, intellectual property rights, scientific discoveries, etc. should be processed instantly much like what information has been doing for decades.

So in the internet of value, anything valuable such as mentioned above can be transferred in a jiffy. Usually there is a middle man when you want to transfer money, such as banks, and the government. But in the internet of value, you can transfer money directly, and quicker. You can use Bitcoin for example where there is no third party involved.