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InvestmentsBlockchain technology can make micropayments finally functional By Cointelegraph

Blockchain technology can make micropayments finally functional By Cointelegraph



I just lately got here throughout Marc Andreessen’s article from 2014 on (BTC). In some ways, it’s visionary (no shock). I’ve been within the trade for 4 years now, with most of my focus being on the social influence of blockchain. It is astonishing to me that in 2014, earlier than there was any institutional presence in Bitcoin — or, certainly, a well-liked understanding of this new technology — Andreessen was capable of define its potential financial and social influence for the long run.

Nearly eight years after he inked his phrases, I wish to deal with one of many matters from his article: micropayments. I’ll discover how blockchain may assist remodel micropayments and thus allow not solely the monetization of sure facets of companies which might be in want of an answer but in addition may help society’s most weak.

Netta Korin is a co-founder of Orbs and Hexa Foundation. Prior to Orbs, Netta served as senior adviser to General Mordechai Hod on particular tasks within the Israeli Ministry of Defense and as senior adviser to Deputy Minister for Diplomacy Michael Oren within the Prime Minister’s Office. Netta started her profession on Wall Street as an funding banker and later turned a hedge fund supervisor. She has intensive expertise in philanthropy and for over 15 years has served on a number of boards in Israel and America, holding high-level positions in government committees.