040 041 IoT Technology in “ The connected car is quickly becoming the new mobile the City of the Future phone, as vehicles evolve into platforms for entertainment, commerce-and socialization. Car shows are now more about what drivers experience inside the chassis than what the vehicle looks like whizzing down the freeway.” Avin Arumugam, 3 SVP, Internet of Things, Visa $ $ $ $ $ $ 8 $ $ $ $ 1 $ $ $ $ 4 4 6 7 2 5 1 Digital/Mobile 2 Peer-to-Peer 3 Distributed Ledgers 4 Chip Cards 5 In-Car Payments 6 Wearables 7 Messaging Apps 8 Biometrics Wallets Payments Pay for your coffee Services like Venmo Digital currencies If plastic still exists, As car dashboards Smartwatch Services like Facebook While chip implants or meals with a tap allow friends to are evolving into chips will continue become more technology will Messenger and seem far off, of your phone. immediately pay virtual ledgers like to replace swipes, intelligent, payments advance further to WeChat will continue fingerprint and facial each other back. blockchain. securing more from vehicle to facilitate one-touch to facilitate peer-to- recognition are transactions. businesses such as transactions. peer transactions in already in use. gas stations will occur conversation. without having to leave the vehicle.