Tech Corner: Technology GONE in 5 years!
Mandy Mac
While CES 2016 is in full swing, debuting the newest technology to come to the market very soon, we want to take a notice on devices and techniques that have been very helpful in our daily lives. These follow five things are granted useful, but may be gone by the time we ring in the New Year of 2020!
Credit Cards and ATMs: Today, we have apps and devices that help you spilt your dinner bill among friends, companies allowed to accept credit cards with just an app and attachment for their smartphones, and people can even transfer money to friends using social sites! With the recent statistics from the United States residents, cash and checks are at a low; the use of check has dropped 57%, and 95% of consumers under the age of 35 use online banking (one fifth of that 95% has never written a check to pay a bill). The last large use of check is paying your rent, and that is even decreasing with property managers switching to electronic and online payments. Digital wallets are on the takeover; It is even being predicted that cash will become relevant in the near future, eliminating ATMs!
USB Sticks: It is being predicted that by 2020, 70% of people in the world will be using smartphones and mobile data networks will cover over 90% of the population. With cloud services, such as Apple, Google, Dropbox, and Microsoft, offering free storage online and smart phones storeage increase each year, there will be little need of having a USB stick.
Passwords: With mobile devices now using the fingerprint scanner, replacing your, most likely, weak password. Soon, you will not have to use physical passwords. Think of your smart devices as your new keys; it will biometrically link you to these accounts, allowing you to operate them.
Remote Controls: Between technology and wearable devices, smart home devices will expand, adding an additional 17.6 billion more devices by 2020. Today, with devices like Amazon Echo, taking voice control and commands to the next level, having a separate remote control will be useless.
Documents and Paper Agreements: Paper-based signatures and processing that include you to physically need to print, fax, scan, or overnight documents for reviews, approvals, decisions, and signatures to complete a transaction, this is a long and slow process. With today’s digital demands in the world, cloud agreements will be actively manageable in the future for any transaction. Real estate, financial services, insurances, high-tech, and healthcare companies are adopting to cloud-computing models to increase efficiency, and reduce the cost, making a better experience for the user in the end.
Do not only welcome the New Year of 2016, but begin to accept and open your mind to the new technology that will be among us soon! Share your thoughts on this topic by joining our conversation on Facebook and Twitter! Let’s discuss!
