IBM and Visa want your IoT devices to double as point of sale terminals

IBM and Visa want every Internet-connected device you own to be its own point of sale. The two companies announced the industry’s first collaboration to achieve this, through IBM’s Watson for IoT platform and Visa’s token technology. Visa is currently powering 60 percent of the entire world’s payments and IBM’s Watson really needs no particular introduction. For example, you could be using your car to pay for gas. No cash, no cards, no phones. Or, your running sneakers could be able to purchase you new ones, when these sense they can no longer be used. "IoT is literally changing the world… [Continue Reading]