Tuesday, April 15, 2014

Coin: Where Does Bobby Jain Come In?

By Rob Sutter


It seems as though there are many different points that can come into play as far as credit and debit cards, to name a few, are concerned. Coin is the system to speak about and it may prove to be most of the most convenient programs that could be implemented into anyone's life. However, what are some of the specific aspects that will be covered thanks to the work of Bobby Jain, you may wonder? Here are just a few that can be taken into account.

You may be curious as to how Coin will be able to work and it is actually a rather simple process. All you have to do is swipe your cards through an attachment on your smartphone and then take a picture of both the front and back. After this is done, the information is stored and you can utilize the digital display in order to select which one you'd like to pay with. For those who do not want to carry much around with them, the system has potential.

There are a couple of faults to consider it, though, or at least aspects which may raise some sense of doubt. For example, take into consideration the idea that the project has been supported by a fundraiser, which isn't a bad on its own. However, consider the success that it has had in the past; there have been many projects which have been funded but never saw the light of day due to supposed financial concerns. Even the big projects, like the Ouya, failed to meet expectations when they were released.

I believe that there is a certain level of uniqueness that comes with Bobby Jain and many others will be able to agree on the matter. Coin, seeing as how it is a rather unique system that has not been seen of at this level, is one that carries the potential of glitches. It seems as though every new piece of technology has those sorts of issues, as names such as Jain would tell you. It may be in your best interest, then, to carry your original cards, too.

Do I think that Coin will turn out to be a flop? I do not know if this is going to be the case, especially when you consider that there are so many different elements that will be able to come into effect as well. This is an idea that contains potential and it is the kind of potential that, in my mind, can become noticed because of how strong the system appears. While it may only be an idea at this point, the fact that it was fully funded at $50,000 brings a sense of hope.




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