Sunday, October 20, 2013
WORKSHOP C - CRYPTO-WHAT!? WHAT YOU NEED TO KNOW ABOUT THE DIGITAL ECONOMY AND SOCIAL MEDIA PAYMENTS
The rise of social media and the e-commerce market has led to the birth of the digital economy and massive changes in the payments arena. From Bitcoin to Amazon Coins to Ripple, players big and small are entering the digital and social media space, each vying for a piece of the lucrative payments pie. While some traditional financial services providers and payments companies have already entered the market, many still view the digital economy with a combination of confusion and skepticism.
You’ll gain a better understanding of the digital economy, payment trends and virtual currencies, and a profile of the consumers who make social media payments. You’ll learn about the real world value and real world threats of this budding industry.