Digital programmable money enabling machine-to-machine payments
As automation becomes an increasingly dominant force, digital programmable money is set to reshape industries. Picture machines handling payments for resources, services and even one another - this is the potential of machine-to-machine (M2M) payments. And, by enabling frictionless, automated transactions, programmable money could transform sectors such as manufacturing, logistics and energy. However, whilst this future is exciting, numerous challenges, including regulatory ambiguity and cybersecurity concerns, stand in the way. But despite these obstacles, the potential for greater efficiency, scalability and innovation makes this path one worth pursuing.
Source: TeamBlockchain
Machine-to-machine (M2M) payments are reshaping financial transactions in a landscape dominated by automation and interconnected devices. At their essence, M2M payments allow machines to exchange value autonomously, without the need for human involvement, so marking a key element of Industry 4.0 (the fourth indu…
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