September 16, 2019

Diginomic-Prone Generation Z Ready for Biometric Economy

The next adult generation of consumers see the end of cash and “tangible” means of payment of all kinds (currency, coins, checks and credit). Intangible, virtual economics (“diginomics”) is the only way to go. It’s fast, clean, cheap … and sensible in this new all-digitized world. This survey confirms another survey in 2011 conducted by […]

Cashless trend is redefining money, and a central bank’s role as printer

“The world is quickly moving towards cashless or electronic payments. Seven countries, mostly in Europe, have already moved to an almost cashless society (over 80 per cent non-cash).” This is the announcement made by Microsoft at the annual Swift International Banking Operations Seminar (SIBOS) in Dubai the week of September 21. “The cost of using […]

Cashless Biocryptology: Your finger may soon replace your credit card; will come with an added security layer

Rapid City — Futurists have long proclaimed the coming of a cashless society, where dollar bills and plastic cards are replaced by fingerprint and retina scanners smart enough to distinguish a living, breathing account holder from an identity thief. Two shops on the School of Mines and Technology campus are performing one of the world’s […]

DIGINOMICS DEFINED — #diginomics

The Future of Digital Economics is in “The Wave.” Be it installation, augmentation or implementation through virtualization — the ultimate technology … whether it is card, communicator or chip … will be little more than the simple “wave” of the hand, and your bill is paid. It’s what we call “diginomics” — for “digital economics.” […]