I sat for a back to back meeting yesterday afternoon. The Counsels from our main holding company came down and they did a presentation on what they have been doing and where the company is going to. We had to do a presentation on our part too.
The main holding company, being in the telco industry, has come up with a new breakthrough in telecommunications. Seems that soon, mobile phones will function as a credit card, smart card, bank account all in one. Someone can just send a message to someone else and transfer money to that person. It is like a text message with money attached.
Wow! We are definitely years behind this! But then again, our government being the way they are, with stringent checks and whatnot, it is highly improbable this kind of technology can break into our local market. When this happens, no one is safe anymore. Everyone’s personal information will be spilled to everyone else. It will be a haven for hackers and viruses.
Being in a “regional” meeting is really an eye-opener. For someone who does not really get a chance to hobnob with the top people, it really is an experience! And the men look really good in a suit! But then again, I have always loved men in suits – they just look much better and smarter! Clothes really do maketh the man!
The main holding company, being in the telco industry, has come up with a new breakthrough in telecommunications. Seems that soon, mobile phones will function as a credit card, smart card, bank account all in one. Someone can just send a message to someone else and transfer money to that person. It is like a text message with money attached.
Wow! We are definitely years behind this! But then again, our government being the way they are, with stringent checks and whatnot, it is highly improbable this kind of technology can break into our local market. When this happens, no one is safe anymore. Everyone’s personal information will be spilled to everyone else. It will be a haven for hackers and viruses.
Being in a “regional” meeting is really an eye-opener. For someone who does not really get a chance to hobnob with the top people, it really is an experience! And the men look really good in a suit! But then again, I have always loved men in suits – they just look much better and smarter! Clothes really do maketh the man!
3 comments:
Believe it or not, that tech has been talked about for at least 10 years now.
You were also supposed to be able to do all sorts of transactions at debit machines as well - like buying movie tickets or concert tickets. Just imagine, you could go to the corner store and while picking up some milk and eggs, purchase tickets to the latest Bif Naked concert. Again, it quite hasn't happened.
The debit machine thing has happened here. We can walk into a convenience store and purchase carpark coupons, pay bills, air tickets. Or we can use an automated machine to pay household, utility, phone, card bills and other payments as well. It is getting more convenient, but sometimes too convenient makes things rather inflexible!
Oh cool! It certainly hasn't happened here (well, Canada) yet.
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