"I do envision a future where payments are primarily completed through your phone (and the technology here is going to continue to advance), and cash will become rare. You can already make payments through your phone by using your fingerprints, or scan your phone at a counter — but the process is still very fragmented.
I also do see the potential for a new form of global currency that is protected and secure. When Bitcoin became well known, many questioned its legitimacy, and while the jury is still out on the future of Bitcoin, I do believe currencies with a blockchain base will continue to surface and may become more widely accepted across the globe, especially outside the U.S., which has a well-accepted credit card payment system," said Booking CEO Glenn Fogel.
I also do see the potential for a new form of global currency that is protected and secure. When Bitcoin became well known, many questioned its legitimacy, and while the jury is still out on the future of Bitcoin, I do believe currencies with a blockchain base will continue to surface and may become more widely accepted across the globe, especially outside the U.S., which has a well-accepted credit card payment system," said Booking CEO Glenn Fogel.
