Protocol Fund II
The emergence of the internet created paradigm shifts for communication and publishing companies publishing, while spurring new Fortune 50 enterprises such as Amazon, Google, and Facebook. The technological drivers that empowered this exceptional growth within two decades are protocols.
Each day more than 300 billion written communications are sent and delivered in seconds using the SMTP email protocol at virtually no cost to users. The same number of letters send First Class by the US Postal Service would cost more than twice the amount of the United States' Gross Domestic Product in stamps each year.
Before the creation of the Voice over IP protocol (VoIP) that created multi-billion dollar companies such as Skype and WhatsApp, consumers around the world paid phone companies hefty fees for phone calls metered by the Minute.
Despite the attention given to new entrants in the finance sector over the past decade, money and value transfer have so far mostly been unaffected by Internet technologies. Even enterprises carrying the moniker fintech are largely dependent on financial institutions and their legacy technologies.
With the exception of cash transactions, value transfer thus far was dominated by middleman controlling third-party data and assets. Commercial banks charge hundreds of millions of dollars to transfer money from one bank account to another, often taking days to settle accounts between parties.
Now, blockchain-based solutions offer peer-to-peer money transfer functions, creating the first-ever Money-over-IP solutions (read more about Money over IP here). Starting with the financial sector and moving on to real-estate, supply chain, and other value transfer systems, early movers will be able to revolutionize industries worth trillions of dollars.
The disruption caused by Internet 1.0 was rooted in information exchange protocols. Blockchain-based solutions - often referred to as Internet 3.0 - are disrupting financial and asset transfer industries several times the size of publishing, mail and phone service, creating a rare opportunity for outsized returns for early investors with domain expertise.
To learn more about Sustany's Protocol Fund II email us now!