A bewildering array of digital payment businesses from global names like Facebook Inc.’s WhatsApp to Google are in a slugfest to win Indian users. Warren Buffett’s Berkshire Hathaway Inc. is acquiring a stake in the company behind payments leader Paytm.Investing in the bewildered.
Invest in the standard, counterfeit proofed, secure, intelligent cash card, something in your hand that guarantees your contracts. Useful in a variety of cash and contract ledger systems. Would be nice to hold a secure python interpreter in my hand with bio-metrics and NFC, not much screen needed. A secure SWIFT protocol interpreter works well enough here, as long as it downloads ledger contracts I can thumbprint.
The market appeal is low verification because of pre-qual contracts. The user can drop a hundred bucks onto the penny stock ledger system, auto-trade it and keep potential losses bound. Pre-qual, trading networks with ledger rules and prior contracts, lower transactions costs to negligible. These systems allow 'in advance', margin per agent is current best estimate and accepted at face value. Cash.
Not your personal computing device, it is a specialized contract manager, a true credit card. All the application level logic is on your personal computing device, you see the spreadsheet, rules and pick and choose. Security and thumbprint via the NFC path back to your card make it happen, make it mobile. Your card securely carries the goodies, web services need not know you personally..
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