The company pitches its offering as a universal login credential that will allow e-commerce sites to compete with Amazon’s speed. Bolt said that once shoppers sign up, including providing shipping and payment information, they can quickly log into any site using its software and complete a one-click purchase. “Bolt has the opportunity to be one of the most impactful e-commerce solutions in the world...Sounds like a solution for another problem that doesn't exist. Seems to me just another landing spot for the ever-ongoing "quantitative easing".
Bolt, which makes money by getting a 2% cut of purchases made through its one-click checkout...
BloombergQuint
It’s so funny how the wokester Gen z’s think they are the first to come up with ideas like a 4 day work week or a single-sign on.