Blockchain records transactions.
Machines need economic execution.
The next financial infrastructure will not be built by putting every machine on-chain, but by designing finance around how machines actually act.
https://t.co/MukPEBUsOP
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Where is loss happening? My latest article explains how I think about technology as the reduction of physical, biological, economic, and trust loss — through hard applied physics, boring deployment, and cross-border trust.
Read here: https://t.co/iGvee8w27H
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Current finance is not compatible with machines.
It was built for humans, firms, accounts, invoices, and settlement records.
But the machine economy needs a different financial language.
Execution is not settlement.
This is my first note on machine-native finance and the Financial Runtime conversation:
https://t.co/ZbXetivc5G
The software knows the contract.
The software sees the mileage.
The software creates the invoice.
But the extra use already happened.
That is why billing software is not the same as enforceability. Read more:
https://t.co/YG295s99G3
@ekathimerini High-profile deals on Ermou and Kolonaki say more about the scarcity of prime retail assets than about the health of the overall retail market!
@piersmorgan China’s dependence on Hormuz is real, but assuming U.S. policy toward Iran is primarily about controlling China feels like a very tidy explanation for a very messy region.