Please visit my web page "Urban Tenets" at https://urbantenets.nl/
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In spite of multitude of choices, attractions and temptations, people usually tend to spend within the limit, in short, medium and long term. That is, they spend within their possible means, as they know well that they have to settle bills today, tomorrow or one fine day. Realising, that there is no getting away.
On the other hand, public and private institutions know very
well that the product or services they are providing today will be paid for
today, tomorrow or some other day, with interest, as long as the transaction is
recorded and person who is using or buying the service or product is
legitimate, so that they can always be traced back.
Which means purchase behaviour at individual end is usually
self-regulatory; and institution level fear of not being able to recover the
money for product or service rendered is usually illusionary.
If all transaction related to any rendered service or
product sold in a city will be recovered eventually, with due interest i.e.,
without any losses, in a legit society where every citizen is identifiable and
accountable for their purchase of such product or services, of course though a
leak-proof mechanism, then there is no need for the barriers, barriers which
hinder day to day seamless experience of millions living in a city. For a truly
seamless experience these barriers will cease to exist.
Seamless experience in a city may mean, its good to have
multimodal unified transportation card, but it also means you can travel
without need of such card, without any card, as long as you are able to
identify yourself at access/ exit points, in one of dozen or more possible ways
that can technically be devised with todays technology. Seamless experience
also means in this context that you are free to manoeuvre wherever you like in
a city, by which ever mode you like, with or without making payment, as payment
will eventually be settled. Seamless experience in a city may also mean that
you don’t need to carry cash or a debit card or credit card or mobile wallet,
to pay for low to medium value products or services below a certain thresholds
(say exclude purchase of house or car etc. for now), as long as the purchase is
linked to your identity, as payment will be settled eventually, as long as you
are legit and you are okay with some incremental service charges.
The seamless city might be perceived as a cashless society
today, but a true seamless smart city of tomorrow will possibly be even
cardless, credit cardless, and digital walletless. Where consumer's identity
itself will be a latent currency, as long as they are able to identify
themselves in one of dozen odd ways; where consumer is able to manoeuvre and
conduct seamlessly without any boundaries, as long as they are aware about
consequences of their monetary actions.
Author: Anoop Jha
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[Recent update
Starting 2024, launching urban management, interior design, home decor and commissioned artwork services in the Netherlands, serving local as well as international remote clients.
Please Note, that I am also conducting a FREE 45-minute online individual consultation on your interior design and home decor needs and aspirations if you are in the Netherlands or even internationally. Drop me an email at anoop.jha@gmail.com
Please visit my web page "Urban Tenets" at https://urbantenets.nl/
Instagram interior design page @urbantenets
Instagram fine art and illustration page @urbanoregional
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#smartcity #urbanplanning #Amsterdam #Utretch #Hague #Delft
#Eindhoven #Rotterdam #Netherlands