Under Digital Lock and Key
Think you can’t sell your company’s product online? Maybe it just requires a different way of looking at what you’re selling. Wells Fargo did just that, and is now bringing a new meaning to the term “online banking.”
The bank is offering an “online safe deposit box” of sorts, where it says customers can safely store their valuable records digitally. For between $5 and $15 a month, customers can access stored copies of their birth certificate, license, and other valuable documents from any Internet connection. Essentially the online safes offer a backup for fire-proof boxes in people’s homes or safe deposit boxes in a bank, and make the contents more accessible.
Is there a market for storing private, valuable documents online? The argument against it (not trusting the security and accountability on the part of the bank) is probably the same posed when people stopped storing cash in their mattresses and opened savings accounts, just amplified because of the potential of hackers.
What are some other products or services that you think will be offered online in the near future that no one would have expected five or ten years ago?
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