Apps and Digital Currency

Ewan Spence’s “The mobile Brower is Dead, Long Live The App” touched on some basic statistics as to how “Users are turning away from the browser and relying on applications. Anyone who relies on reaching out to users should be paying attention to these numbers, and have a strategy to deal with the app issue”. This is true. The app is gradually taking away the browser. One of the reasons is because, technology has advanced to the extent that, almost everything seems to be running at a faster pace, and it’s obvious the app is just few taps and clicks unlike the browser.

Mat Honan’s article “The Rise of Chat Apps” also made a very interesting illustration about “Chat Attack – A handy guide to finding which mobile messaging app is right for you”. He listed about five apps, their functions and its target audience. For Example, WhatsApp is “a basic service to send text, pictures, and voice messages”. Its audience, “anyone who doesn’t want to pay SMS fees. People with family and friends overseas”. It goes on and on with other chat apps like Facebook messenger, Snapchat, Kik etc.

Bitcoin is “a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank” (google). According to the author; “The Fierce Battle for the soul of Bitcoin” made several essential points in his article about how “spending money within the bitcoin network would be essentially free. With a digital wallet and payment-processing services, you could, say, pay that cash-only cab driver with bitcoins via your smartphone”. Similarly, like the “way2ride” app where users hail taxi and finally pay with it. This is efficient and no hassle.

This is how the advancement of our digital world is changing virtually everything in our lives.

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