Connected Living and the Future of Payment Infographic

Source: Statista

Over the past few years, technology has evolved quicker than ever before. When the first iPhone was released in 2007, it seemed like a thing from a science fiction movie. From today’s point of view it looks old, clunky and lacking in functionality. These days, everything is connected: what started with our mobile phones soon expanded to our watches, our homes and even our cars. The below infographic, created in cooperation with Wirecard, sums up key aspects of our newly connected lives and how it will affect the way we pay.

This infographic sums up key facts on connected living.

Infographic: Connected Living and the Future of Payment | Statista
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What Is The Internet of Things?

Source: Business Insider

The “Internet of Things” is described as:

“[a] network of physical objects—devices, vehicles, buildings and other items embedded with electronics, software, sensors, and network connectivity—that enables these objects to collect and exchange data.”

In normal speak it is a car with apps, kitchen appliances that you control from outside of the house and wearable devices that tell you how many steps you took today and then shares that data with your friends.

Here is a more detailed explanation in the form of an infographic:

Internet of Things Infographic