André NevesAndré Neves

The Future of Payments

May 5, 2022 (2y ago)5,734 views

If money is to be digital, instantaneous, and global, then it must also be interoperable.

This is not our reality. We live in a non-interoperable financial world. A world where global wire transfers between banks get stuck for over 3 weeks. A world where fintechs and neobanks promise interoperability but give you more proprietary APIs. A world where we can’t send money from Cash App to Revolut.

It is 2022, and we must do better.

What if there was another way? What if the payment rails were instead built on money that was inherently interoperable at the base layer? What if users enjoyed fee-less, instantaneous transactions with one another on a global scale, regardless of provider choice?

The future of payments must be built on true global interoperability across users and providers that rely on the same base money - Bitcoin.

This is a multi-part series on how Bitcoin, Lightning Network, and Lightning Address are making money truly interoperable on the web stack. We explore ZBD product work that begins to address these issues in a Bitcoin-first financial world.

Read original blog post here.