Thursday, June 23, 2005
micropayments vs macrocephalos
Mario Pischedda, we aren't but ghosts
Maybe we're getting there: micropayments via Google Wallet will upset and probably reshuffle not only markets as a whole, but the very concept of e-money.
Let's take, I'd say, the Charlene Lis analysis:
Google is one of the largest backers of the new Atom standard, which helps syndicate content. Today, most of the content that’s distributed via RSS is news headlines, but I’m a strong believe that commerce-oriented content will be appearing soon. So what if Google were to come out with it’s specialized aggregators or Web sites that would use the open standard to receive items and information?
you have to watch far beyond, honey...
Here’s an example. Today, if you want to sell a song on iTunes, you have to cut a deal with Apple – painful, long, and not economically feasible for individuals. But what if I were to put together a mix of children’s songs (via Creative Commons) featuring my kids’? I could stream it out as an Atom feed, include payment information in it for Google Wallet, and have it aggregated on Google Music. Voila – we just created an open marketplace for music. Repeat the same recipe for video, ebooks, and yes, even technology research reports.
yes darlin', but what if when there will be a new money to monetize digital contents credits?
Sure, Google could launch each of these services using traditional payment methods – but that’s just not the Google way, nor is it ideal for consumers. Each of these payments are potentially very, very small – and having a centralized payment system will help consolidate all of those micropayments.
as the Old Pope I'd say "Don't be scared"
tarted by ---gallizio
in the microblusting era