The evolution of communications technology enabled geographically-sprawling supply chains, but did not significantly change corporate structures because transaction costs were not heavily affected. However, Blockchain's effect on transaction costs could dramatically change the distribution of property rights, the enforcement of contracts, and thus individual's investment decisions and behaviour.
Visa Study Shows IoT Will Drive The Future of Payments
Research by Visa shows that today’s ‘connected’ consumers want a payment experience that is devoid of friction and that seamlessly integrates into their everyday lives.
B2B Fintech Investment On The Rise
Fintech startups in business-to-business payments may finally be getting their day in the sun.