Joseph Singh
May 10, 2018
MCS
Jonah Brucker-Cohen
Class Post: Apps, Block Chain, and Digital Media
How have apps changed the digital delivery marketplace? Will digital currency be used for in the future?
Apps such as bitcoin and block chain are changing the game. I say this because it could connect you with money from all around the world. You can say since it is so reliable and it can reach from one part of the world to the other, we can have way more opportunity. And we will also as consumers be cutting out the middle man. For example one this I dislike about having a bank account is the fact that you are charged to access your money. Another thing I dislike is the fact that crime rates involving credit/debit cards are rising. As a consumer I feel we need more protection. And with block chain and Bitcoin, there goes our protection.
I feel like we defiantly should aim towards making digital currency norm. More establishments and stores should accept crypto currency as a form of pay because it would be much easier. Instead of carrying a wallet with a wad of cash, cards and personal information, you could just have your phone and pay via an app. You won’t have to risk anyone looking over your shoulder, losing money or better yet even losing your wallet. For example, when traveling via airplanes, to go out of the country you must use a passport, but if it ever got lost or stolen and someone was posing as you, what would you do?
You wouldn’t be able to do much, because it’s happening every day. One solution to that is virtual passports. Instead of carrying around a physical copy, have an app or digital copy of it so you’d never have to risk it being lost or stolen. With, I feel like that is the way we are headed in the future. Crypto currency and everything digitized will be the new norm.
