Machine-to-Machine Payments: The Electricity of the Digital Era
M2M payments are revolutionizing transactions, akin to electricity's role in modern society. Discover how blockchains power this transformation.
Huang argues that if machine-to-machine (M2M) payments represent the electricity of our time, then blockchains serve as the modern power grid. This analogy highlights the transformative potential of M2M transactions in facilitating seamless and automated interactions between devices.
As technology continues to advance, the importance of M2M payments will only grow, creating a robust infrastructure for digital exchanges. Just as electricity has become essential for everyday activities, M2M payments are poised to become fundamental for digital economies.