Arcweb Technologies Head of Engineering Shahrukh Tarapore chimed in on American Banker, looking specifically at the ethical questions banks and financial institutions face in the context of the impending rise of IoT. Here’s an excerpt…
As IoT grows, fewer and fewer devices will have the traditional screen so central to how we build financial software today. IoT is both physically tiny — think the radio-frequency chips in currency notes — and massive, like smart security systems on Wall Street. It creates a relationship between the physical and the digital that’s never been seen before. That closer relationship has a significant effect on the collecting and exchanging of data.
Read the full article on AmericanBanker.com.
