Transact in example sentence

Given Facebook’s leading role, it was not hard to envisage a moment when half of the planet’s adult population, represented by 2.4 billion monthly active Facebook users, would suddenly have a new currency allowing them to transact with one another and bypass the rest of the financial system.

More example sentences with word transact

Because of this, commodity buyers and sellers typically transact in small circles, in narrow networks of people they know and trust.

From there, the greatest innovation of all came about in this market, which is that buyers and sellers could transact grain without actually having to physically or visually inspect the grain.

Our access to digital money and our ability to freely transact is being held captive by these gatekeepers.

And the reason why I would never do this as a guest on Airbnb is because guests know that they'll be rated by hosts, and that those ratings are likely to impact their ability to transact in the future.

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