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).

Transcript

1. The Machine-Payable Web Earn Bitcoin on every HTTP request 21.co
2. 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+
3. A THIRD WEB? 21.co
4. A THIRD WEB? World Wide Web Social Web Machine-Payable Web 21.co
5. WHY A MACHINE-PAYABLE WEB? Because paywalls are much worse than you think. 21.co
6. PAYWALL ADS VS Signup, high friction No signup, low friction HOW TO PAY FOR HUMAN-CONSUMED CONTENT? PAYWALLS - OR MICROPAYMENTS VIA ADS. 21.co
7. 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
8. 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
9. 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
10. For a machine web, we need a machine currency. 21.co
11. For a machine web, we need a machine currency. We need bitcoin. 21.co
12. That's why we built 21 21 turns bitcoin into the currency of the machine-payable web 21.co
13. What 21 means Get bitcoin on 
 any device Add bitcoin to 
 any app Earn bitcoin on 
 every HTTP request 21.co
14. GET BITCOIN ON ANY DEVICE Fastest way to get started, without bank account or credit card 21.co
15. GET BITCOIN ON ANY DEVICE Install 21 Install Mine Buy Faucet Earn Sell 21.co
16. GET BITCOIN ON ANY DEVICE Install 21 Install Mine Buy Faucet Earn Sell 21.co
17. GET BITCOIN ON ANY DEVICE Mine bitcoin Install Mine Buy Faucet Earn Sell 21.co
18. GET BITCOIN ON ANY DEVICE Buy bitcoin Install Mine Buy Faucet Earn Sell 21.co
19. GET BITCOIN ON ANY DEVICE Request bitcoin Install Mine Buy Faucet Earn Sell 21.co
20. GET BITCOIN ON ANY DEVICE Earn bitcoin Install Mine Buy Faucet Earn Sell 21.co
21. GET BITCOIN ON ANY DEVICE Sell APIs for bitcoin Install Mine Buy Faucet Earn Sell 21.co
22. ADD BITCOIN TO ANY APP Micropayments with one line of code @payment.required(10000) 21.co
23. ADD BITCOIN TO ANY APP A simple web service... ...now with micropayments 21.co
24. ADD BITCOIN TO ANY APP A simple web service... ...and dynamic pricing 21.co
25. EARN BITCOIN ON EVERY HTTP REQUEST A new way to monetize online 21.co
26. EARN BITCOIN ON EVERY HTTP REQUEST Publish your apps... ...to the 21 Marketplace 21.co
27. EARN BITCOIN ON EVERY HTTP REQUEST Set up your profile... ...and join the community at slack.21.co 21.co
28. SO THAT'S 21. BUT WHAT ABOUT THE BITCOIN COMPUTER? 21.co
29. EVERY COMPUTER BECOMES A BITCOIN COMPUTER Releasing DIY instructions for installing 21 on any machine A blackbox that makes you money 21.co
30. 21 Embedded 
 Mining 21 Bitcoin Computer The DIY Bitcoin Computer (21.co/diy) EVERY COMPUTER BECOMES A BITCOIN COMPUTER 21.co
31. IN SUMMARY 21.co
32. A THIRD WEB IS COMING World Wide Web Social Web Machine-Payable Web 21.co
33. 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
34. Build the Machine Payable Web Get started at 21.co 21.co