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Articles by Bradley
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How a closed market in China allowed for innovation in payments
How a closed market in China allowed for innovation in payments
By Bradley Riss
Contributions
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How can e-commerce businesses use digital currencies for transactions?
One aspect overlooked is consumer behaviors and the associated incentives. While in some cases blockchain routed payments will settle faster, cost the merchant less, and can provide enhanced security - none of this matters if consumers don't choose to pay with crypto. The card schemes have developed very sticky incentives (rewards programs paid for by interchange) and excellent UX (NFC, Apple Pay, etc.) so these remain challenges as-of-yet to be solved that impact any expected conversion of 'traditional' payment usage to crypto.
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How can e-commerce businesses use digital currencies for transactions?
The sentence "no one controls them or can manipulate their supply or value" is not accurate. In the case of Bitcoin, only a finite number (21M) will ever be mined, so this is correct. For Ethereum - and most L1s - there is a foundation which controls supply through minting and burning of tokens. This changed for Ethereum when their protocol moved from Proof of Work (PoW) to Proof of Stake (PoS) with the total Ether (ETH) in circulation controlled by the Ethereum Foundation. As Ether is now an inflationary asset (vs deflationary like BTC) there is controlled inflation, typically moving between 0.2% - 0.7% per annum. In this manner, the Ethereum Foundation can be viewed as a Central Bank when it comes to the amount of ETH in circulation.
Activity
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What if the way the US gets real-time payments is by services like Pix and UPI being supported locally? This story caught my eye, Matera, a…
What if the way the US gets real-time payments is by services like Pix and UPI being supported locally? This story caught my eye, Matera, a…
Liked by Bradley Riss
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Excited to work with Mike Scharf and the entire Gravitate team as they execute on their vision of transforming the fuel supply and logistics landscape
Excited to work with Mike Scharf and the entire Gravitate team as they execute on their vision of transforming the fuel supply and logistics landscape
Liked by Bradley Riss
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I promised to keep delivering the numbers. If you are looking for an enrichment vendor, trust me, you should not any more. Ntropy is not one…
I promised to keep delivering the numbers. If you are looking for an enrichment vendor, trust me, you should not any more. Ntropy is not one…
Liked by Bradley Riss
Experience & Education
Licenses & Certifications
Languages
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English
Native or bilingual proficiency
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French
Limited working proficiency
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Spanish
Elementary proficiency
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5 people have recommended Bradley
Join now to viewMore activity by Bradley
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These recycled stats/infographics often just scratch the surface and miss the true point of what #ApplePay is really about 📱💳 The value of Apple…
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Is this the first stage in the production line of a car or a house! Well duh a house obviously 🙂 but we build em in a very similar fashion. Like…
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Just a few years ago, Benjamin Fernandes, Nicolas Esteves and I were working out of a living room in Dar es Salaam, Tanzania 🇹🇿. This week, we…
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