or How I learned to stop worrying and love the economic collapse.
Based on my research on the Future of Alternate Currencies and Transactions I will share technology usage trends, visions of future payment systems, how we can get there and why we need to pursue Alternate Currencies. Why the current economic troubles are actually good for us and how we can strengthen the resilience of our local economies.
This will be a positive presentation - acknowledging the hard problems, but not limited to solving them within our current paradigm.
I will cover: NFC, Square, collaborative consumption, local currencies, time banks, bitcoin, ven, payment trends (on, off and mobile), externalities, market system, gift economy and more.
by Omar Green
With buzzwords like “NFC” and “mobile wallet” thrown about in the press ad nauseam, consumers and the mobile and financial industries are looking for who will emerge the winner in the effort to control mobile money – and there’s a great deal of money to be had if it’s done right. But as often as the mobile wallet is lauded for its convenience, it’s derided as “a solution in search of a problem.” Ultimately, in order to meet the real needs of consumers, wallet-makers need to stop focusing solely on the technologies of mobile payments, and actually look at what will drive usage: a mobile solution that is actually worth having. This doesn’t yet exist, but it could, if application developers create tools that actually change the way merchants and consumers feel, think, spend and save money. We will discuss what the true opportunity is for the mobile wallet and the elements that need to be included to move beyond technologies like NFC, to delivering the customer benefit to end users.
9th–13th March 2012