2017/03/21

IBM, Visa Want Smart Devices, IoT Gadgets to Replace Themselves | Digital Trends
Digital Trends reports: "As technology grows, so do the options for making purchases. Already millions of people are able to buy things using PayPal or Apple Pay, but IBM and Visa want to expand that even further. Together, they want all connected devices to act as mobile payment systems. By collaborating with Visa, IBM will use its own Watson Internet of Things (IoT) platform to allow businesses to quickly add secure payment options to any device connected to the internet. These days, that means anything from a car, to a ring, or even a shoe."

Comment: That sounds great, but I would be concerned about privacy and security. They will really need to reassure consumers that these payment systems are safe before mass adoption.

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