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The Machine-Payable Web

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The Machine-Payable Web

A talk by 21.co at Coindesk's Consensus conference on May 3, 2016. Describes the concepts behind the machine-payable web and the free 21 software (https://github.com/21dotco/two1-python).

Avatar for Balaji S. Srinivasan

Balaji S. Srinivasan

May 03, 2016

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Transcript

  1. ABOUT Balaji S. Srinivasan (@balajis) CEO & Co-founder, @21 Board

    Partner, @a16z CTO & Co-founder, @counsyl BS/MS/PhD EE, MS ChemE Taught Stanford MOOC to 200k+
  2. PAYWALL ADS VS Signup, high friction No signup, low friction

    HOW TO PAY FOR HUMAN-CONSUMED CONTENT? PAYWALLS - OR MICROPAYMENTS VIA ADS. 21.co
  3. API KEYS ??? VS Signup, high friction No signup, low

    friction No Sign Up No Human Required No Friction HOW TO PAY FOR MACHINE-CONSUMED CONTENT? ONLY PAYWALLS, IN THE FORM OF API KEYS. 21.co
  4. What if every website had a paywall?
 
 WWW wouldn't

    exist. Today, machine APIs are stuck in the paywall era. No machine web. ? 21.co
  5. WWW alternative to paywall? Ads, a form of micropayment. Doesn't

    work for machines. Machines don't accidentally click ads. Ad Ad 1% pay 100% of the time 1% pay 100% of the time 100% pay 1% of the time 100% pay 0% of the time 21.co
  6. That's why we built 21 21 turns bitcoin into the

    currency of the machine-payable web 21.co
  7. What 21 means Get bitcoin on 
 any device Add

    bitcoin to 
 any app Earn bitcoin on 
 every HTTP request 21.co
  8. GET BITCOIN ON ANY DEVICE Fastest way to get started,

    without bank account or credit card 21.co
  9. ADD BITCOIN TO ANY APP Micropayments with one line of

    code @payment.required(10000) 21.co
  10. EARN BITCOIN ON EVERY HTTP REQUEST Set up your profile...

    ...and join the community at slack.21.co 21.co
  11. EVERY COMPUTER BECOMES A BITCOIN COMPUTER Releasing DIY instructions for

    installing 21 on any machine A blackbox that makes you money 21.co
  12. 21 Embedded 
 Mining 21 Bitcoin Computer The DIY Bitcoin

    Computer (21.co/diy) EVERY COMPUTER BECOMES A BITCOIN COMPUTER 21.co
  13. Get bitcoin on 
 any device Add bitcoin to 


    any app Earn bitcoin on 
 every HTTP request 21 makes bitcoin the currency of the machine-payable web 21.co