Tuesday, October 22, 2019

Money in digital world

We all stare at our screens and consume all the digital content every day. We use our phone for almost everything as it is a full packed device. So you leave your home all dressed what do you carry? Your phone, your wallet and a bike or a car key right.

It won't be long before we are all pulled into the virtual world but before that our wallet is turning into digital one.

Money has a big part in history starting from ancient coins to today's cryptos its all about transactions and recordings. Even before money was invented, transaction was noted in clay tablets to keep an account and likely the same principle is applied into cryptocurrency.

This technology is all about keeping record of transactions. Well from my understanding the future of money can take some serious shift towards digital means. Governments finds crypto currency risky because they don't have control over it  and so few countries have curtailing laws.

In india crypto currency is pretty much illegal. The introduction of UPI (Unified Payment Interface) in india has sprouted more roots to the coming digital world we enjoy paying for our meal and bills easily through this technology.

Its is to be noted that google pay is testing a job portal in gpay to help its users earn, if that happens coupling that with GPS technology it can make us earn money on the go just like in video games.

A world towards digitality. 

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