Julie May: 2014 will bring pervasive, persuasive and

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Julie May: 2014 will bring pervasive, persuasive and invasive tech



http://www.tennessean.com/article/20140105/BU...ck_check=1


A user scans a QR code on a smartphone, allowing bitcoins to be transferred into a digital wallet, while using the world's first bitcoin ATM in October in Vancouver, British Columbia, Canada. The ATM, named Robocoin, allows users to buy or sell the digital currency.

• Money moves beyond credit cards to pure digital.

Digital money will be pervasive in 2014. With the introduction of apps such as Google Wallet and Venmo, IOUs have become irrelevant. These new software applications link to your checking account and, provided the person you owe money has an account, allow you to zap them money on the spot. Nifty, huh?



Keep an eye out for altcoins — alternate cryptocurrency or virtual currency — to continue making headlines this year. We’ve seen a recent flood of media around Bitcoin, but there are other altcoins in the marketplace, such as Litecoin, Novacoin, Namecoin, Bytecoin, Primecoin and Ripple. These digital currencies take out the middleman — the bank — and allow the transfer of money from person to person, or business, without a fee. Altcoins also transcend all country denominations. They do for money what the Internet did for information — think decentralization of the monetary system.



It’s been heavily publicized that the U.S. is using outdated credit card technology. But not for long, because digital wallets such as COIN and The Wocket will be hitting the market in 2014. Digital wallets aggregate multiple credit cards and, in some cases, personal identification onto one card that can be used for purchases anywhere that accepts credit cards. They provide an additional level of security over current credit cards.

Persuasive, pervasive and invasive technologies will redefine your behavior in 2014. Consider staying on top of the trends so you can change with the times.

Julie May is CEO of bytes of knowledge, which she founded in 1995 and has built into one of Nashville’s leading technology companies, providing digital media development and comprehensive IT services. Visit http://www.bytesofknowledge.com .

About The Wocket™

The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone's battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/

About NXT- ID Inc. -- Mobile Security for a Mobile World

NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms. NXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition. http://www.nxt-id.com/ , http://www.3d-id.net/
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