A Venmo-style App for B2B Payments with Jeremy Almond

<p><span style="font-weight: 400;">Venmo offers people a completely digital, cashless payment network experience. But commercial enterprises, weighed down with invoices and contracts, often still rely on paper checks. What if you could use the blockchain to digitize the process for these companies and help them get their revenue faster, cheaper, and more efficiently like Venmo does for individuals?</span></p> <p><a href="https://www.linkedin.com/in/jeremyalmond"><span style= "font-weight: 400;">Jeremy Almond</span></a><span style= "font-weight: 400;">, CEO of a business-to-business payment network called</span> <a href="https://www.paystand.com/"><span style= "font-weight: 400;">PayStand</span></a><span style= "font-weight: 400;">, believes you can. A completely digital cashless payment network experience, PayStand works like Venmo only with a contract and an invoice in the process. </span></p> <p><span style="font-weight: 400;">We invited Jeremy onto the podcast to talk about PayStand and the future of the blockchain for business-to-business payments.</span></p> <p><span style="font-weight: 400;">What we talked about:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">How complicated commercial transactions could be fully digitized on an app</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Working through many different kinds of systems to make digital commercial payments happen</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How to move money through smart contracts without running afoul of U.S. regulations</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Banks are experimenting with blockchain for commercial payments</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Repositioning blockchain from a cryptocurrency delivery mechanism to a safe and automated payment solution</span></li> </ul> <p><span style="font-weight: 400;">To ensure that you never miss an episode of Payments Innovati