The Newer Technology in Home Security

The new look of home security not only means having a home security system, it also means having the other things that make a home secure that technology has made possible. Items such as keyless door pads instead of a door lock, that means no more giving keys out to the children and being concerned they might loose them and not be able to get in the house while the adults are not home.

This door lock works on fingerprints to unlock, that by its self is unique and what makes it secure is the fact there is no lock to be picked, no keys to give out to babysitters or anyone else that needs to enter the home at certain times. It means that when coming home after dark there is no key to try to find the slot in the lock and that means getting in the house faster and not being a target.

No matter how safe a neighborhood is, it is only safe until there is a criminal incident, it should not be a break-in in a family’s home. When the home is protected with a home security system, a keyless door pad and other security items the chance of a break-in is diminished to almost no chance.

Some of the other home security items that can be used to protect a home are outdoor lighting; a well lit home is not one that screams its open house to a burglar. There are lights that can be hard wired into the home or there are lights that work with a motion sensor that only come on when someone or something passes by this sensor that are known as dusk to dawn lights.

One of the other items can be used inside the home as well as outside the home for protection and to allow the homeowner to know what goes on in their home when they are not there and that is the use of cameras. Cameras can be placed outside the home for protection from strangers and they can be placed inside the home to allow insight into what goes on when the babysitter is in charge, a repairman is in the home or a person in to clean. To some people they may feel it is an invasion of the persons who is being seen on the camera, but to a homeowner who has the need to have these non-family members in their home it is an added way to protect the home and family. It is also a benefit to help the homeowner relax while away on vacation, because at any time they are able to see what is going on at their home on their computer while away on vacation.

These are a few of the items that can be used to make a home more secure and a family safer and that is what is most important is to be safe and secure at home. In a time when home break-ins are on the rise and occurring more often when the family is at home there is no amount of protection that should not be used to keep a family safe and a house protected.

Money Transfer Technologies

Advances in technology and the development of the Internet are changing the way people transfer money. With all these technological developments, moving money is simpler than before. Earlier, transferring money meant a visit to the bank. But that is no longer needed as there are various technologies in play to make money transfer easy and convenient.

Alternative Payment Services: Several websites allow you to transfer money through email, eliminating the need to reveal your bank account and credit card information online. Although online transfers have wide online security and fraud-prevention measures, they are not foolproof. Complaints like phishing scams, hacked accounts and identity theft are quite common.

Donation Texts: The use of text messages to transfer money became popular, when the American Red Cross used this technology to raise over $22 million in hurricane relief fund for Haiti. On the flip side, this technology is risky and scammers misuse this tool by asking people to text money to illegitimate numbers. Always check the organization’s website to confirm that the number you are texting is associated with the cause are supporting.

Bumping Phones: Mobile phones are fast replacing the wallet and on-the-go digital money transfers are becoming commonplace. Now, you can send and receive money by just bumping Smartphones together. Technologies include Bluetooth and near field communication (NFC, a set of procedures that allow Smartphones to establish radio communication with each other by touching them together or bringing them close to each other at a distance of 10 cm or less). Though, the risk of unauthorised payments from a stolen phone is yet to completely be addressed.

Remote Deposit: This technology allows you to deposit cheques from anywhere. Many Smartphone applications allow you to take a photo of the front and back of a cheque and download it into your account. While this process is secure, there may be concerns about the consequences if the phone is stolen or if financial information is intercepted. The remote cheques are not stored on the phone, and the data is encoded as it goes from the mobile phone to the bank’s computer system.

Mobile Magnetic Stripe Readers: These are small scanners that can be attached to Smartphones. Busy individuals, can just swipe credit cards on the scanner and the money is transferred.

Money transfer technologies are a definite and smart way to save time and energy when conducting financial transactions. The ideal way to protect your money is to research and choose the best option that is safe and one that will fit your needs.

Why Digital Currency Outweighs Fiat Currency

Everything is at fast paced because of the innovation brought by technology. It actually helps in a lot of industries, especially on the business side. One of the trends that technology has contributed is Digital Currency.

It is an internet based form of currency or medium of exchange. It can be associated with traditional currency, Forex exchange and remittances, because of the similarity of their functions which is primarily on buying physical goods and on paying services.

There are times when it is mistaken with Virtual Currency. The latter, which is defined by the European Central Bank as “a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community”, is different from Digital Currency because it does not have all the attributes of real currency. Virtual currencies cannot be used to buy physical goods and cannot be converted into traditional or fiat currencies.

This can also be used with in-person payment at physical establishments and can also be converted into fiat currency, with minimum fees to no fees. According to investopedia.com, Fiat Money is declared by the government to be a legal tender and is not backed by a physical commodity. Its value can also be derived from the relationship between supply and demand. Moreover, it allows the instantaneous transaction and borderless transfer-of-ownership, which is better compared with Fiat currency.

Fiat currencies are limited by their geographic regions. This concern is solved by digital currencies because these are international currencies with no borders, and is only possible online. Users will no longer have to pay increased cost in international payments and money transfers because they can directly transfer funds, pay bills, and buy goods through digital currency. Also, dealers cannot charge extra fees on the consumer without their knowledge.

Digital money transfers are also faster compared to traditional wire transfers that can take a long time to process. Digital transactions can take just about a few minutes to complete, depending on the transaction process of the platform. Also, it is more convenient compared to over-the-counter bank transactions which have limited time and takes a lot of processes to take before it can be completed.

Security is also better with digital currency. It uses a certain system which let the user take hold of their accounts, making them autonomous and self-regulatory. Information can be backed up and encrypted to guarantee the safety of your money. Unlike fiat currencies that are controlled by the government, some digital platforms do not have central authority regulating them. Some digital currencies, like Ripple and Radar, are still monitored and checked by specific individuals and/or companies. These are also attractive to those who prefer private financial dealings because most of the digital currency systems are untraceable to individuals and companies.

It also reduces the possibility of credit card fraud. Personal customer information and credit card numbers can be stolen and be used to make possible unauthorized purchases. Since it is a purely digital transaction, the receiver of the payment has no access on the personal information of the sender, and information fraud can be avoided.

This trend offers many advantages that cannot be found on fiat currencies. In fact, it has a lot of improvements points to make, but if you are looking for easier, more convenient, and more secure transactions, it will surely be a better option than traditional transactions.