Pages tagged: 'Virtual'

  1. When Cards Aren’t Necessarily Smart

    Smart cards are everywhere.  You probably have a stack of them, from store cards to coffee shops to cinemas.  One of the most successful applications has been in mass urban transportation – think Oyster card in London or Hong King’s Octopus card.  Smart cards are a great way to move to a cashless system and yield the benefits of much faster transactions and payment convenience.  But do you always carry all your cards?  So as Jersey’s Liberty Bus introduces its AvanchiCard is it really a smart move?

    January 24th 2014

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  2. Is Bitcoin Worth More than Chocolate Money?

    A turbulent week for Bitcoin has seen the price for one bitcoin slump to half it’s November high water mark, principally on the basis of comments from China.  On Wednesday the Chinese central bank authorities ordered third-party payment providers to stop using the virtual currency.  So how can anyone use a transaction medium with such wildly varying exchange rates?

    December 20th 2013

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  3. Why It’s Black Friday for Virtual Money

    The Friday after Thanksgiving is apparently known as Black Friday, the traditional day that US Christmas shopping starts.  Over here, the term would be more likely interpreted as a reference to the banking crisis, but on the other side of the pond Black Friday is mean to be a retail bonanza, enabling struggling shops to claw their back into positive territory – hence “black” Friday.

    December 3rd 2013

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