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Showing posts from 2016

Digital Economy

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Welcome to 21st Century; we may not have hover cars and robots that are going to be our maids like from The Jetsons, but we are indeed living in future. And, biggest example is not with gadgets but with our currency and payment options. In my blog "Samsung Pay" ( http://pjpark10.blogspot.com/2016/03/samsung-pay-new-mile-stone-of-mobile-pay.html ) I explained how far we have came in our payment method and where we are no longer needed of physical card or cash to make payments now because most of our shopping are done digitally either thru online or payment method where it is simply transactions of codes one one machine to another. Let's take a look at our current situation. A normal how hold would work and receive payment thru direct deposit which means, it's not your work physically putting  money in your bank account but transferring fictional money to your profile at local bank. And you would pay bill from not existing profile to spread it through other business...

Cycle of Anger

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Imagine if you will....... A man owns a restaurant. Restaurant always been his passion and he worked hard to open it. It started out as just another day at his restaurant. He prepped and served people. Then, a customer came in. As of the start, you could see he was not in the best mood. Customer sat and ordered few dishes. Man creates and serve dishes. Some reason, customer was not satisfied and complaints regards to the dish. Man knows it is business and it is his establishment; man does not talk back and only apologizes. Now, the customer is yelling at him. Calling him names and criticizing his skills as a cook, and questions man for his abilities. Customer leaves. Man's day has been ruined. The man closes his restaurant for the day carrying this anger inside of him. Suppressing much as he can. Man gets home. His wife opens up the door with smile saying "Welcome home, honey" But man is in no mood to be jolly. Wife has prepared the dinner, and he s...

Samsung Pay: New mile stone of mobile pay

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As our technology grew, so did our payment system. Old days days, it was all gold coins, then cash came in as nations established their banking system, then we were introduced to credit card, and now, mobile payment. Mobile payment became some what of essential thing and many store started to adopt the trend and enhanced their credit card system to make mobile payment easy due to our daily usage of our smartphones. But not many followed suites. I would say about 75% of the bricks and stone stores haven't got to that, yet. But do not fear, Samsung Pay is here. Few days ago, i was out of town and when I was on my way back,  i accidentally left my wallet in my parents car. Luckily I had my passport, so getting through security check at the airport wasn't going to be a problem. But, i had no money; no cash, no card, no anything. But i had my phone. I had my Android pay set up on my phone, but my fear was that stores at airport wasn't equipped to accept mobile payment yet. ...