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Business Consulting For The 21st Century Via A Holistic & Intelligent Approach

Financial transactions and the Social Graph

Answered => “Facebook: How can Facebook revolutionize mobile payments?” on Quora.

https://www.quora.com/Facebook-1/How-can-Facebook-revolutionize-mobile-payments

 

=> My answer…

Revolutionize is a pretty strong word.

That said, given the depth and breadth of their reach and influence they can certainly legitimize the whole concept. Rest assured, they are working on it. Nothing would make their big data loving souls happier than to be able to add financial transactions to their Social Graph. What better to measure a connection / bond / relationship than a dollar sign?

So while there might be a revolution, it’s not going to be televised. It will happen in such a way that you’re probably not going to notice the added value they are pulling from their graph.

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