By David Bollier
Will Bitcoin and other insurgent currencies on the market reinvent commerce? This and other questions are addressed in “The Weightless Marketplace: Coming to Terms with Innovative Payment Systems, Digital Currencies and Online Labor Markets,” a just-released report that I wrote for the Aspen Institute Communications and Society Program. The report distills the more salient points raised at the three-day 2013 Aspen Institute Roundtable on Information Technology (also known as InfoTech) last August, which brought together leading players in banking, financial services, and online labor platforms.
Most of the conference participants are in the business of inventing or adapting to new types of digital payment systems or data-based services. They include major players like JP Morgan Chase, Intuit, and VISA, as well as upstarts such as Bitcoin, ID3, and the identity-management service Personal.
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