The Internet of Value: a new era of digital transactions


With the rise of the crypto industry and decentralised systems, we are witnessing the emergence of a new era of digital transactions called the Internet of Value.

The Internet of Value and blockchain

Every transaction in the Internet of Value is verified by multiple parties on the network, ensuring that the transaction is legitimate and that there is no fraud or double-spending. Blockchain technology enables the Internet of Value by providing a secure and transparent way to transfer value across the Internet.

Advantages of the Internet of Value

Instant and low-cost transactions

Traditional payment systems often charge high fees for small transactions, which makes it impractical to send small amounts of money. However, with the Internet of Value, it is possible to send even the smallest amounts of money without incurring high fees, making it an ideal solution for e-commerce and other online transactions.

Decentralisation and transparency

The Internet of Value is built on decentralised systems that are transparent and open. This means that transactions are publicly visible and can be audited by anyone on the network. This transparency ensures that the system is trustworthy and that there is no fraud or corruption.

Security and privacy

The Internet of Value provides an additional layer of security and privacy compared to traditional financial systems. Thanks to cryptography, transactions are secure and private, protecting users from fraud and theft.

The future of the Internet of Value

The potential for the Internet of Value is vast, with the possibility of creating new forms of value and exchange that are not tied to traditional fiat currencies. The adoption of blockchain technology in the financial sector is expected to save banks $27 billion annually by 2030, according to BIS Research. This opens up a whole new world of possibilities for digital transactions and commerce.

GTS Team
October 5, 2023