How big a deal is this eye tracking that then only shows higher resolution stuff where you’re looking? Is it legit and works well, or is it a gimmick VR uses to say its’ better than it is?
Practically no one in the world who accepts payments for their online business directly integrates with visa or Mastercard. It’s all 3rd party companies who integrate (because it’s fucking hard and tedious) and then resell it in a nice easy package.
In almost all cases, any talk about payment processors, is them, not visa/Mastercard.
No the systemic problem is real, but I don’t think this one independent company has succumbed fully to it yet. If they had, they wouldn’t have fixed it as well as they did.
I don’t even think the business software side is that problematic for a lot of good use cases, it’s the general non user friendliness of wallets and having to guard your seed phrase properly and just general technical knowledge.
As soon as your concert ticket is an NFT people can risk losing their ticket, and people will lose tickets.
Making the ticket and scanning the ticket for entry isnt too difficult a problem, and it’s entirely fraud proof.
Edit: and so many people get scammed out of their seed phrases while trying to get help because they just don’t understand.
They could (but didnt) do it with zero knowledge proofs as well. Then the website could go back and verify against the state site and no private information would be leaked.
The state would know the site requesting it via IP, but they wouldn’t know which proof they were validating.
It’s often talked about in the blockchain crypto space, but it’s not the only way to use them. You could use it in a centralized system like this too.
They might get processed via the visa network, but the money is still leaving your bank account. Visa never really had it.
So now you gotta deal with visa and your bank to get something back that was stolen, and no, you aren’t ending up with the same protections. They aren’t as motivated as none of them are out the money.
If it was a credit transaction, the credit card company is out the money, and if you say it’s fraud and refuse to pay them, well now they are on the hook. They’re now motivated to determine if it was fraud or not as their money is on the line. Also, they now lose out on a potential customer that gives them high interest on debt if they dont undo it (because most people don’t pay off their credit cards). There’s no debt when it’s a debit card and transaction fees are smaller so they earn less from you.
Edit: and even IF you get the money back, it’s going to take a lot longer, and that money is gone in the meantime. Needed it for rent? Sorry the fraud investigation takes 2 months. With credit, your rent money isn’t gone.
NFTs in general are still cool. Concert tickets, tokenzied stocks, land ownership, car ownership, digital keys (that can open digital or physical things), digital IDs, it’s endless what can be done with them, but it’s a long way until some of these things get adopted.