We’re a long ways off from actualizing the future, but there’s definitely a lot of work being put into getting us there safely. It’s a huge eco-system of automotive, tech, and regulations; and with anything industry-concept in nature, we understand that it’s tough to give concrete examples of projects in the pipeline.
You hear the words connected car and your imagination runs wild. Unmanned vehicles, flying transporters, hyperloop capsules, and automated cars, delivered at the touch of a button. It’s the future. It’s what the Jetsons promised us. But let’s be real we’re a long ways away. Luckily though, we are taking notable steps forward.
Coin, a Y Combinator and K9 Ventures backed startup is promising to end the woes we have with payment cards with its new all-in-one card.
Coin Card is approximately the size of a single credit card but can store all your swipeable cards and be used to pay everywhere cards are accepted, all in real time.
There’s a famous scene in Pirates of Silicon Valley (a movie that chronicled the origins of Microsoft and Apple) in which Bill Gates is meeting with IBM executives. The IBM executives agree to license software from Microsoft because “there’s no money in software anyways.”
The IBM executives weren’t stupid. They failed to recognize an inflection point in technological history in which profits would shift from hardware to software.
Obvious statement of the year: Electronic music is everywhere. Or more specifically, (with its commercial viable surname), we speak about the explosion of “EDM” (electronic dance music) and its dual role both a unifier of the hundreds of sub-genres electronic dance music and simplifier of the not so subtle nuances of these different sounds.
Commerce and trade are fundamentally based on exchanging asymmetries in one another’s ability to produce value at a given cost. As such, commerce intrinsically creates mutual value. That’s why it works. Moreover, the option to trade with more parties creates more value by fostering larger volumes of and more competitive trading.