However it is the fact that systems can now access the digital nature of payments that will really lead to drastic innovation. The fact that individuals can now be charged for something (immediately, directly and in small quantities) will trigger more and more innovation.
We are already seeing this in countries where mobile payments have taken root. Innovative solutions to distribute money, to pay for diverse things like solar power, to distribute grants and to collect small contributions are already being deployed by small companies with great plans and exciting visions. Some of these companies are tackling important issues like health and unemployment, while others are working on social media solutions. Much is happening, but this is just the beginning.