A future economic system is taking shape, driven by autonomous transactions between software and devices. This system will see machines making decisions, coordinating, and purchasing what they need in real time, with sensors selling data by the second, and factories dynamically pricing power.
This machine economy requires billions of tiny, continuous transactions executed autonomously. The article posits that if these machine-to-machine (M2M) payments are the new electricity, then blockchains are the new power grid, serving as the critical infrastructure enabling this shift. Blockchain technology now enables sending value globally instantly and at almost no cost, with crypto sector infrastructure deemed fundamental for continuous M2M payments.
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