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Future of Money 2020- The Mobile Explosion

2020 - The Mobile Explosion

Introducing the new Mobile Currency exchange



You go to a rock concert, and you’ve never seen the opening band before. You like their music, so you get on your mobile device (PDA, cell phone, etc.) and hit the band’s "mobile commerce" exchange. Your software negotiates with their software to determine what currencies they accept and what currencies your various bank accounts carry, including automatically getting you the best currency exchange rate at that instant. The system discovers that because they are opening for a major musician who has his own currency based on his popularity, the opening band has agreed to accept the headliner’s currency for the duration of the show for people who are actually at the concert. You verify that you are there using some kind of brokered authentication (GPS or a ticket number); the two systems complete the transaction for you, and you have access to the music.

Help from:http://www.energybulletin.net/node/4207, http://www.wired.com/magazine/2010/02/ff_futureofmoney/all/1


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