Hi Fintech Architects,
2021 continues to be on fire — both literally, and in crypto land. We promise to not talk about Bitcoin price. Or Covid cases. Anymore. Or the SoFi SPAC. Or the Transferwise valuation. Or the OCC crypto announcement. All that’s for later.
Anyway, we’ve had this write-up in some various mental states floating around for a while, and better done than perfect. So treat this as a core idea to be fleshed out later.
Payments and banking companies should be looking at how people purchase and store digital goods and digital currency in video games. That experience has been polished over 40 years, and is what will be the default expectation for future generations.
For those interested, here is a website that collects user experiences of shopping across hundreds of designs.
Rendered Shops and Abstraction
It used to be that you needed to abstract a shopping experience in a video game that resembled a real world transaction. The below is from 1986.
It is a cartoon representation. …