Which needs and businesses will fade out
Cash will
no longer be used in the future. The
physical version of money is currently
under threat at the moment. Newer forms
of money is emerging every year. Banks
will no longer be needed in the future
to secure money. ID cards, birth
certificates, passports and personal
information will all phase out paving
way for the new technology.
What new service will fade in?
Digital
money will be used in ten years’ time
completely replacing hard cash. Credit
cards will be of no use either. A Nano
technology will be installed in every
human being. This technology will store
personal information of the host.
Basically; money, health records, travel
records and information related to host
the will be stored in this microchip
device.
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Banks will no longer be available to
secure money but instead this technology
will be used for that purpose. No one
can physically steal money from anyone
except hackers hence new policing
algorithms will be used by the
government to protect people’s digital
funds stored in the Nano technology.
Policemen will also use this tech to
easily track down criminals. People’s
health will be monitored by this
technology. If someone’s health gets
into a critical condition, hospitals
nearby would be easily alerted in order
for them to send medical assistance
right away. |