Monday 16 October 2017

Keyless houses

As we move toward an increasingly cashless society via Smartphones and Bitcoin, another significant change is brewing that will profoundly change how we live. Silicon Valley is currently focusing heavily in technologies relating to keys and building access. Venture capitalists are investing heavily in finding a digital alternative to metal keys. Virtual keys will provide users with information about who accesses their homes and when. Users will also be able to revoke keys instantly in case of emergency. This article in Techcrunch gives a lucid overview of what to expect in coming years. Virtual keys will play an important in facilitating eCommerce developments i.e. home deliveries will be much easier when customers do not have to wait at home to open the door. Virtual keys will be able to provide one-time access or limited access. Virtual keys will also provide and electronic audit trail of who exactly accessed the premises at what time.This will make for better cybersecurity practises. No doubt, challenges remain in regard to the development and implementation of virtual keys. But we can expect to see exciting developments within this area very soon. Google's Nest smart thermostat subsidiary is planning to roll out a video doorbell called the Nest Hello next year. Amazon is also exploring smart doorbells. Metal keys may not become obsolete just yet, but virtual keys will certainly change the real estate industry very soon.