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Name:   Tamplonia, aka

Bio:   Tamplonia aka uses his knowledge of tools techniques to crafts a wonderful blogs for you. His methods of organizing an informational and technological blog are so unique that readers just can’t restrict from reading the blog. Assertive Practical and efficient are the three words describing his entire character. He keep himself busy reading vivid journals on technology and later delivering the best for you in easy to grasp format.

Name:  Tamplonia, aka

Passion:  Reading Journals On Technology

Personal Blog site:  http://www.bluetechnews.com/

DOB:  18th May 1986

Sun Sign:  Taurus

Favorite Song:  Poker Face (Lady Gaga), On the Floor (Jennifer Lopez)

Favorite Movie:  TRON: Legacy

February 2012
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Posts Tagged ‘technology innovations’

The concept of money has changed with the passage of time. In the days gone by objects of intrinsic value were used as money. For example gold and silver coins were popular up until the 19th century. However that changed with the advent of paper money which was initially redeemable against gold which had intrinsic value. However, that too changed and today no currency in the world is redeemable against gold. So what is it going to be like in the future?

The fact of the matter is that modern technology is going to dramatically change the concept once again in the near future. It has already started showing its influence on the financial system to a great extent. Online banking and shopping for example is one of the biggest changes that we have noticed in our times. The use of credit and debit cards is also popular world over.

Slowly but surely the need for carrying around paper money is being wiped out. So, what next? Financial experts with insight into future technology have predicted that paper money will soon be replaced with electronic money. In other words you wont really have any cash in hand in near future because everything will be digitized.

What you earn will be numbers that appear on your screen and that’s about it. Although this may sound surprising to many people, it is not very difficult to imagine a world without money, well, paper money at least.

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