Bitesize Payments

Networks - From The Silk Road, Knights Templar to Wires

June 25, 2023 Paul Thomalla Season 1 Episode 3
Networks - From The Silk Road, Knights Templar to Wires
Bitesize Payments
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Bitesize Payments
Networks - From The Silk Road, Knights Templar to Wires
Jun 25, 2023 Season 1 Episode 3
Paul Thomalla

In our first two episodes, we traced the evolution from the barter system to commodity money, and from coins to paper currency. We also demystified the foundational aspects of payments, clarifying terms like currency, legal tender, and the concept of money itself.

Today's episode takes a slightly different route. We're shifting
our focus from coins and traditional money to concentrate on the networks that
underpinned their use. When we mention networks, we're not referring to the
internet. Instead, we're talking about ancient, pivotal networks that played a
significant role in shaping the world of payments as we understand it today.
It's easy to view payments as a linear progression, but the historical networks
were the real catalysts for change.

We're about to embark on a thrilling journey back in time, exploring the Silk Road, following the footsteps of the Knights Templar, and understanding the impact of the telegraph on wire payments. All of this is to gain a deeper understanding of the rich and intricate early history of payments. So, fasten your seatbelts and prepare for an exciting ride.......

Any questions / comments please let me know at bitesizepayments@gmail.com

Cheers

Paul









Payments Industry Insights

History of Payments

Payment System Explained

Corporate Payments Strategy

Payment Regulations Impact

ISO20022 Standard

Digital Payments Evolution

CBDC Advancements

Cryptocurrency in Payments

Financial Technology Education


Show Notes

In our first two episodes, we traced the evolution from the barter system to commodity money, and from coins to paper currency. We also demystified the foundational aspects of payments, clarifying terms like currency, legal tender, and the concept of money itself.

Today's episode takes a slightly different route. We're shifting
our focus from coins and traditional money to concentrate on the networks that
underpinned their use. When we mention networks, we're not referring to the
internet. Instead, we're talking about ancient, pivotal networks that played a
significant role in shaping the world of payments as we understand it today.
It's easy to view payments as a linear progression, but the historical networks
were the real catalysts for change.

We're about to embark on a thrilling journey back in time, exploring the Silk Road, following the footsteps of the Knights Templar, and understanding the impact of the telegraph on wire payments. All of this is to gain a deeper understanding of the rich and intricate early history of payments. So, fasten your seatbelts and prepare for an exciting ride.......

Any questions / comments please let me know at bitesizepayments@gmail.com

Cheers

Paul









Payments Industry Insights

History of Payments

Payment System Explained

Corporate Payments Strategy

Payment Regulations Impact

ISO20022 Standard

Digital Payments Evolution

CBDC Advancements

Cryptocurrency in Payments

Financial Technology Education