Sunday, January 18, 2004

Is the electronic wallet coming our way?

Some say it will be a reality in 7-10 years. The electronic wallet is a smart card that is designed to replace money, keys, driver's license, medical records, and many other things. Sounds good, you say.

Economic impact of the e-wallet? Something to think about from an economic development standpoint. Hum, now how many people and businesses make the things to become obsolete as a result of the e-wallet? Where are they located? Hum, how many people and businesses will it take to make the e-wallet? How many people and businesses will be employed by the IT services created by the e-wallet? Where will they be located?

This could be VERY interesting.

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