[LINK] It's 2030, and digital wallets have replaced every card in our purses and pockets

[Kim Holburn]

I do wonder though, if we get to the point that all important documents are in a single device, what happens if someone loses their 
device, it gets stolen or confiscated by a representative of a government?

Kim

On 2023/09/25 3:49 am, Scott Howard wrote:
> Aren't we pretty much there already?
>
> I just counted, and I have 9 cards in my wallet.  8 of those I also have on my phone - the only exception is a gift card for a 
> local supermarket (who does support using my phone, but I don't trust their security).
>
> Those cards include drivers licenses from 2 different countries, and an ATM card, which are probably the only 3 things that I 
> really need to still carry cards for, simply due to the electronic versions not yet being as well supported as the physical 
> versions (my own banks ATMs support using my phone, but not all those for other banks/in other countries don't).  I do intend to 
> try using my California electronic drivers license to pass through TSA airport security later this week - something that is now 
> apparently supported (although if it fails it's not not a big issue, as I can still revert to just using my eyeprint or 
> fingerprint to get through instead, still without the need to pull out my physical drivers license).
>
> In fairness, not all of these are "digital wallets" (neither of my drivers licenses support being added to a Wallet, I need to 
> open the respective apps to access them), so there is definitely room for improvement, but removing the need to actually carry a 
> physical 'wallet' at all is very close to being possible, if not there already - I don't think it's going to take to 2030 for most 
> people...
>
>   Scott
>
> On Fri, Sep 22, 2023 at 4:26 PM Kim Holburn <kim at holburn.net> wrote:
>
>     https://www.zdnet.com/finance/its-2030-and-digital-wallets-have-replaced-every-card-in-our-purses-and-pockets/
>
>       It's 2030, and digital wallets have replaced every card in our purses and pockets
>
>     OpenWallet, now joined by Microsoft, looks to the near future when digital wallets replace traditional wallets in the same way
>     debit
>     cards replaced checkbooks.
>
>     Written by Steven Vaughan-Nichols, Senior Contributing Editor on Sept. 20, 2023
>
>
>     BILBAO, Spain - The digital wallet took another step toward world domination as Microsoft joined the horde of tech and financial
>     organizations supporting the OpenWallet Foundation (OWF).
>
>
-- 
Kim Holburn
IT Network & Security Consultant
+61 404072753
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