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ZCT - Trustworthy Autonomous Transactions (Sprint Deck 1)

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In the last two years, machines generate more information than humans. We believe that, in the near future, the same will apply to transactions.

This can't work unless we trust our devices (our autonomous cars, our smart fridges, our smart electricity meters) to transact in our best interests.

To do that, we have to replace the existing transaction model that gives all the power to the seller, to one based on agency:

The seller's side of the transaction is represented by a seller algorithm, the buyer's side of the transaction is represented by a buyer algorithm.

Each side represents its own best interest, and we achieve a trustworthy, negotiated endpoint: a platform on which to build the future of autonomous transactions.

Published in: Technology
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ZCT - Trustworthy Autonomous Transactions (Sprint Deck 1)

  1. 1. ZCT Trustworthy Autonomous Transactions
  2. 2. $100 trillion transacted in 2020 ZCT
  3. 3. Half will be autonomous ZCT
  4. 4. $10 billion trust ZCT
  5. 5. ZCT Trustworthy Autonomous Transactions
  6. 6. ZCT Autonomous Transactions Vehicles Shopping Reservations
  7. 7. ZCT Autonomous Transactions Vehicles Shopping Reservations
  8. 8. ZCT Vehicles Bribery Fuel Revenue Emergencies
  9. 9. ZCT
  10. 10. 5.00pm, today Going to Startup Studio 6 minutes saved 2 dollars spent Tell me more + ZCT
  11. 11. ZCT 5.00pm, today Going to Startup Studio 6 minutes saved 2 dollars spent 4.30pm +1 minute -0.25 dollar Tell me more
  12. 12. ZCT 5.00pm, today Going to Startup Studio 6 minutes saved 2 dollars spent 4.30pm +1 minute -0.25 dollar Tell me more Can I get past?
  13. 13. ZCT 5.00pm, today Going to Startup Studio 6 minutes saved 2 dollars spent 4.30pm +1 minute -0.25 dollar Tell me more $0.20 $0.25
  14. 14. ZCT 5.00pm, today Going to Startup Studio 6 minutes saved 2 dollars spent 4.30pm +1 minute -0.25 dollar Tell me more 4.31pm +2 minute -0.50 dollar
  15. 15. ZCT 5.00pm, today Going to Startup Studio 6 minutes saved 2 dollars spent 4.30pm +1 minute -0.25 dollar Tell me more 4.31pm +2 minute -0.50 dollar 4.32pm +3 minute -0.75 dollar
  16. 16. ZCT 5.00pm, today Going to Startup Studio
  17. 17. ZCT trust through agency
  18. 18. ZCT Buyer Seller
  19. 19. ZCT trust through auditability
  20. 20. ZCT 5.00pm, today Going to Startup Studio 6 minutes saved 2 dollars spent
  21. 21. ZCT trust through customization
  22. 22. ZCT
  23. 23. ZCT automation agency ZCT consent subscription
  24. 24. ZCT 2016 2020 2024 Uber pilots autonomous cars Tesla launches autopilot
  25. 25. ZCT 2016 2020 2024 All cars must be able to communicate Commercially available autonomous cars IOT transactions make up 50% of all transactions
  26. 26. ZCT 2016 2020 2024 Critical mass of autonomous cars Standard for car to car communication IOT transactions commonplace
  27. 27. ZCT Johanan Ottensooser Moises Baly Pablo Watfi Gregory Pekar Software
 engineer Optimization expert Optimization expert Legal 
 + Market Design
  28. 28. ZCT 2024
  29. 29. ZCT Trustworthy Autonomous Transactions
  30. 30. ZCT How it works Paying Receiving $ 0.12 max $ 0.08 min Receiving $ 0.10 min 1 2 3 Pays 0.11 (while 0.10<0.12) Car 2 receives 0.10 0.08<0.10 Car 2 wins bidding Second price auction negotiation flow Never pay more that you are willing to Receive more than you offer TrustDepending on Rush Transaction

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