{"id":1420,"date":"2014-11-11T07:55:53","date_gmt":"2014-11-11T12:55:53","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1420"},"modified":"2014-11-11T07:55:53","modified_gmt":"2014-11-11T12:55:53","slug":"farewell-to-cash-expect-it-to-be-a-very-long-goodbye-don-pittis-business-cbc-news","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1420","title":{"rendered":"Farewell to cash? Expect it to be a very long goodbye: Don Pittis &#8211; Business &#8211; CBC News"},"content":{"rendered":"<p><a href=\"http:\/\/www.cbc.ca\/news\/business\/farewell-to-cash-expect-it-to-be-a-very-long-goodbye-don-pittis-1.2829837\">Farewell to cash? Expect it to be a very long goodbye: Don Pittis &#8211; Business &#8211; CBC News<\/a>.<\/p>\n<p style=\"margin-bottom: 1rem; margin-top: 0px; line-height: 1.35em;\">An Apple Pay rival created by a Canadian company means\u00a0that the technology for a secure cashless society is only a heartbeat away, but the question is whether you will be willing to give up all your dollar bills in exchange.<\/p>\n<p style=\"margin-bottom: 1rem; margin-top: 0px; line-height: 1.35em;\">Bionym&#8217;s new device, tuned to your individual heart rhythm, is\u00a0being rolled out with the support of Royal Bank.<strong style=\"font-weight: bold;\">\u00a0<\/strong>It&#8217;s a wristband called Nymi, and it<strong style=\"font-weight: bold;\">\u00a0<\/strong>sounds like a real contender to make you feel safe about using electronic money.<\/p>\n<ul style=\"padding-left: 3em; margin-bottom: 1rem; margin-top: 0px;\">\n<li style=\"margin-bottom: 0.5em; padding-left: 0.75em; position: relative; margin-left: -1em; list-style-type: none; list-style-position: outside; list-style-image: none;\"><strong style=\"font-weight: bold;\"><a style=\"color: #115278; text-decoration: none; font-weight: bold;\" href=\"http:\/\/www.cbc.ca\/news\/canada\/toronto\/royal-bank-to-test-out-toronto-company-s-nymi-technology-1.2829259\">Royal bank to test out Toronto company&#8217;s Nymi\u00a0technology<\/a><\/strong><\/li>\n<li style=\"margin-bottom: 0.5em; padding-left: 0.75em; position: relative; margin-left: -1em; list-style-type: none; list-style-position: outside; list-style-image: none;\"><a style=\"color: #115278; text-decoration: none; font-weight: bold;\" href=\"http:\/\/www.cbc.ca\/news\/business\/apple-pay-not-expected-in-canada-any-time-soon-1.2815748\"><strong style=\"font-weight: bold;\">Apple Pay not expected in Canada any time soon<\/strong><\/a><\/li>\n<li style=\"margin-bottom: 0.5em; padding-left: 0.75em; position: relative; margin-left: -1em; list-style-type: none; list-style-position: outside; list-style-image: none;\"><a style=\"color: #115278; text-decoration: none; font-weight: bold;\" href=\"http:\/\/www.cbc.ca\/news\/technology\/tech-trends-for-2014-wearables-phablets-and-e-visits-1.2495000\"><strong style=\"font-weight: bold;\">Tech trends for 2014: wearables, phablets and e-visits<\/strong><\/a><\/li>\n<\/ul>\n<p style=\"margin-bottom: 1rem; margin-top: 0px; line-height: 1.35em;\">The\u00a0Nymi\u00a0concept is fabulous.\u00a0Royal Bank\u00a0gets a lot of points for investing in an innovative cashless experiment.\u00a0The system combines the two rising technologies of wearable computing and\u00a0biometricauthentication.<\/p>\n<p style=\"margin-bottom: 1rem; margin-top: 0px; line-height: 1.35em;\">\nBut rather than using voice prints, fingerprints or retina scans, Nymi uses the unique pattern of your heartbeat as measured by a small wristband. Royal Bank is getting 250 people to try it to<a style=\"color: #115278; text-decoration: none; font-weight: bold;\" href=\"http:\/\/www.cbc.ca\/news\/canada\/toronto\/royal-bank-to-test-out-toronto-company-s-nymi-technology-1.2829259\">make sure the system works in practice<\/a>, with the eventual plan of offering it to all Canadians.<\/p>\n<p style=\"margin-bottom: 1rem; margin-top: 0px; line-height: 1.35em;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Farewell to cash? Expect it to be a very long goodbye: Don Pittis &#8211; Business &#8211; CBC News. An Apple Pay rival created by a Canadian company means\u00a0that the technology for a secure cashless society is only a heartbeat away, but the question is whether you will be willing to give up all your dollar [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1035,1034,309,536],"class_list":["post-1420","post","type-post","status-publish","format-standard","hentry","category-economics","tag-cash","tag-cashless-society","tag-fiat-currency","tag-money"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1420"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1420\/revisions"}],"predecessor-version":[{"id":1421,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1420\/revisions\/1421"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}