Cloud computing dominates. But security is now the biggest challenge

Cloud computing dominates. But security is now the biggest challenge

Having faced a slew of security issues from China to Russia during the past few years, leveraging cloud services to control data is one of the top top challenges facing the Internet of Things (IoT) ecosystem. Taking it to the next level can be expected to speed up the growth of IoT application-domains.

Earlier this year, Google announced a new mobile messaging app, The Good Car, which will offer driverless cars when used in autonomous driving mode.

One of the services Google will offer is a mobile banking service. The service will simply allow one to send a banking transaction to another Android-based application using a Google Wallet, according to Google. It has a serious footprint of about $10 per month.

Furthermore, Google has partnered with a large number of mobile phones to serve as a gateway for the IoT space. In March, Google introduced Google Payments in a new way. Previously, a device was only able to send an amount of money in a bank account, but now it can make a deposit, deposit a portion of it into a prepaid debit card, and let other individuals use it.

That is a great benefit for mobile payments. Do you use the payments instead of the banks? Let us know in the comments below.

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