A smart contract is a digital contract or agreement that executes transactions (data) automatically on the blockchain network when predetermined terms and conditions are met.
NFTs (non-fungible tokens) are digital assets that live on a blockchain and represent physical (tangible) or digital (intangible) objects and are traded through smart contracts.
Table of Content...
NFC payments systems are a safe way of transferring private data between smartphones and other devices. When used for payments, it securely establishes a phone user’s identity, verifies that the person has the necessary funds to pay for a product or service, and authorizes the transfer of those funds to the seller. For both the smartphone owner and the vendor, this is a quick, convenient, and seamless way to buy and sell goods and services. It completes a typical transaction in about half the time it takes a contactless card.
Whether your business is planning a digital transformation, going through one, or recently completed one, there are many things that you need to consider. One of the most important areas of concern is going to be digital security. With all the technology related changes that your business will go through, it is easy to overlook certain cybersecurity precautions that need to be in place to keep your company protected.
Mobile apps have been vital in the quest to replace public touchscreens with touchless technologies such as Bluetooth Low Energy, NFC, biometrics, and QR codes.