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Showing posts from October, 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