A non-profit is aiming to turn cars into rolling wallets that are able to autonomously make and receive payments in a virtual currency. Drivers would earn small sums for sharing data, and they’d be debited for infrastructure use and contribution to pollution.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
