Week 14 reading response

Everything is becoming globalised. We can access services from several countries across the globe in real-time. Everything has become so easy. Infrastructure, in general, refers to physical networks of transportation, communication, residency, etc. However, since the introduction of satellites and microwaves, the meaning of the term “Infrastructure” has expanded. It now also includes the connecting point of control which resides in our handheld devices.

A new business model is being made, for example, the electronic transaction of money defies the need of paper money. The transactions can be done through our mobile phones. So, the infrastructure as we see it has expanded, they are not just the physical body of objects, they are not just the things that we can see. The infrastructure now is invisible and more dominant than ever and its absence now might cause huge disruption.

This reminds me of a video of Nas Daily on Facebook. He went to Zimbabwe and it appeared that the ATM machines and banks were out of cash because the government screwed up the economy. So, he couldn’t get money but what he found out was really mind-blowing. The people there had created an app and they do transaction electronically since the paper money supply is extremely little. These transactions were accepted by street vendors to drivers. So, if all countries followed this system would the differentiation of monetary value between different countries not exist?

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