Thursday, April 10, 2014

Coin & The Work Of Bobby Jain

By Rob Sutter


What if I was to tell you that there was a way for all of your card information to be stored, credit, debit, and all? This is the objective that Coin has set for itself and it is definitely something that is worth taking notice of. After all, individuals want as much convenience as possible and I would like to think that there are many different aspects that can come into effect. That being said, what are some of the most important points that Bobby Jain can bring to the forefront?

I believe that Coin, based on the details, can actually be a surprisingly simply process. After all, the system is brought into effect due to the swiping of various cards, whether they are rooted in credit, debit, or what have you. Once pictures have been taken of the front and back, you will be able to select your preferred method of payment from that point. It is a system that, at the very least, deserves attention because of how unique it is compared to others in terms of finance.

I would be lying, though, if I said that there weren't a couple of aspects of doubt on the matter, too. Keep in mind that this is a system that was raised by funds, though this alone is not terrible considering that there were projects that were backed in the past, too. However, I think that there is doubt when the many failed projects in the past come to mind; they simply were not delivered to supporters. There were also lackluster results that came about, which is where the Ouya may be cited.

Bobby Jain can tell you that the system in question is one of the most unique that can be looked. With that uniqueness, though, comes an element of risk because you never know whether consumers will run into a glitch or not. Perhaps Coin can have them, which is an idea that names along the lines of Jain will want to cover. Based on this, I have to believe that users will benefit from carrying their original cards when they decide to go shopping, too.

This isn't to say that I believe Coin will be a flop because I think that there is potential to be had. People are looking for convenience in the long term, after all, and I think that such an element can come about thanks to the inclusion of a system of this caliber. This can make carrying about cards less of an issue, provided the system is able to prove itself. Even though it is only an idea at this point, the fact that it met its goal of $50,000 leads me to believe that it will come about.




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