In the new ecosystem, will these independent objects need to transfer money? And what special services will they receive from banks? Consider a simple example of the use of IoT in the banking industry to provide ATM services. Where that heading controls its spending and recharges its account, orders cash, and acts independently.
But a newer look could include adding components to the IoT ecosystem as a customer everywhere. In this case, you have to think about how these components will act if they enter into independent transactions. In the intermediary mode, things can be acted as intermediaries with access to the account of a real customer, but they themselves do not own a bank account or a direct party to any transaction.
But in the end, suppose a smart refrigerator is now connected to other home appliances as well as your phone via the Internet of Things, constantly informing you of your future needs and inventory, so why not think it can Order your needs from the nearest or best food distributor or shop to get it to you at the right time, and more importantly, why not be able to settle your account and financial management independently with the bank and bank account of things Give.
Why do they not have an independent financial identity and cannot get credit from the bank for purchases and good accounting? They may discount a portion of their electricity bills on every purchase from the store, or they may make money by selling limited data and analyzing your usage and interest in marketers.
Or consider a smart TV that analyzes your behavior and offers you the movie of your future, regardless of the limitations of an application such as Netflix, YouTube, etc., and controls the necessary budget based on your consumption, the best Informs you when to watch a movie, maybe download movies at low traffic hours and offer them for you to watch during the busy hours of the day, and most importantly, they will cover these costs from your family entertainment expenses or It pays its personal account with a bank independently and covers its expenses by receiving independent and personalized advertisements.