Money has served a very important role in human life since its invention a few thousand years ago.
Like most other experiments, Money has been through various stages of evolution:
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Augmented reality is more important than what many people think. Augmented reality is going to be the primary platform for future work, industrial internet, and entertainment. As AR/VR/MR technology hardware and 5G evolves, all the digital identities and locations will further evolve as digital avatars or digital twins.
A digital twin is a virtual, data, or digital copy of a living or non-living physical entity made with the help of sensors, algorithms, and smart devices. A digital twin is the virtual reflection of the physical identity, after which it has been modeled. Data is transmitted seamlessly and on…
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And even if the co-relation exists, it is way beyond the capacity of humans to elucidate…
Cash evolved as plastic money which then evolved as e-wallet money and finally evolve as Central Bank Digital (CBD) Currencies.
CBD will be the final frontier of money evolution, especially if bitcoins/etherium do not evolve as the globally accepted money due to any reason.
This piece is about the other…
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What Fintech is to Banking, Insuretech is to Insurance.
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