I was just musing about this too (http://domitable.com/content/it-time-protocol-renaissance http://domitable.com/content/it-time-protocol-renaissance) The enab

I was just musing about this too (http://domitable.com/content/it-time-protocol-renaissance http://domitable.com/content/it-time-protocol-renaissance) The enabling technology of the outcome you are after will likely be a protocol rather than a service, as a service only succeeds if it can outdo the competition, which leads to more fracturing rather than unity. Just as HTTP enabled the document Web, the development of a Hyper Payment Transfer Protocol (or Hyperfunds Transfer Protocol, or something along those lines) could enable the financial Web. Decentralizing transactions and capital is something Ripple and the various cryptocoins hope to achieve, so whether the protocol emerges along those lines or as something that doesn't require a peer-to-peer network, I don't know, only that it's a good conversation to be having right now.