The Origin of "Internet of Value" — Who Coined the Term and When?
The term first appeared publicly in August 2014, coined by Ripple co-founder Chris Larsen in a Fortune Magazine interview. Complete documented history from 2008 to today.
The term "Internet of Value" was first documented publicly in August 2014 — coined by Chris Larsen, co-founder of Ripple Labs, in an interview with Fortune Magazine journalist Adam Lashinsky.
The Founding Moment — August 2014
On August 22, 2014, Fortune Magazine published an article by journalist Adam Lashinsky in which Ripple co-founder Chris Larsen outlined a new vision for the internet.
Larsen described how the existing internet — which he called the "Internet of Knowledge" — had revolutionized the flow of information.
"What if we could do the same thing for money? What if value could move as freely as information does today?" — Chris Larsen, Ripple co-founder, Fortune Magazine, August 2014
The Documented History
What Does the Term Actually Mean?
Internet of Knowledge: Send emails to anyone instantly for free. Internet of Value: Send money, stocks or any asset to anyone instantly for free — without a bank.
Why XRP? Why Multi-Chain?
In Larsen's original vision, a bridge asset between currencies was a key component. DTCC's patent US20250078162A1 explicitly names XRP and XLM as digital liquidity tokens for exactly this purpose.
$33.99B in assets are actually on-chain today. DTCC begins its pilot July 13, 2026. The Internet of Value is no longer a vision — it is a construction project.