Options
Feeless micropayments as drivers for new business models : two exemplary application cases
Citation Link: https://doi.org/10.15480/882.3868
Publikationstyp
Journal Article
Date Issued
2021-03-18
Sprache
English
Author(s)
TORE-DOI
Journal
Volume
4
Article Number
641508
Citation
Frontiers in blockchain 4 : 641508 (2021)
Publisher DOI
Publisher
Frontiers Media
Peer Reviewed
true
Upcoming cryptocurrency approaches claim to enable feeless micropayments. Assuming that this promise will be kept, this is likely to give rise to new business models that entail transactions worth fractions of a cent. In this mini review, we describe two exemplary application cases and outline the associated research activities for each. The first case considers subscription models in consumer markets for which feeless micropayments might be used to expand and, thus, enrich the range of plans by offering shorter subscription times. The second case is concerned with prosumers who might be willing to sell self-generated data (e.g., data generated through their smart meters).
Subjects
cryptocurrency
micropayments
business models
subscription model
self-generated data
DDC Class
004: Informatik
330: Wirtschaft
More Funding Information
We acknowledge support for the publication costs by the Open Access Publication Fund of Bielefeld University.
Publication version
publishedVersion
Loading...
Name
fbloc-04-641508.pdf
Size
145.53 KB
Format
Adobe PDF