Some people miss the good old days, citing them as simpler times, and reminisce fondly about the past. However, it is undeniable that the age of digitization has made it much simpler for consumers to enjoy a larger variety of products and services. So, for those who appreciate this new level of convenience and ease, let’s get into some of the industries that have leaped to the online world.
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Casinos
We’ll start this off with the casino sector, arguably one of the first that took the digital path back in the late 90s to early 2000s. This has allowed a new generation of gamers to access traditional casino games without being limited to only brick-and-mortar locales. As such, players can visit such platforms 24/7 from practically any device, from PCs to phones, both from home and on the go.
Let’s take a look at one of the most classic and long-standing games – roulette. It’s not surprising that the oldest casino game has been digitized and made available online. Its popularity has transcended the analog space and reached new heights in the online world, with virtual roulette tables that are available 24/7 in the digital domain, alongside human live dealers leading virtual roulette sessions in real time.
Here, you can enjoy more traditional variants, such as American Roulette, European Roulette, and French Roulette, along with more unorthodox options. Some great examples include Double Dragon Roulette and Zoom Roulette. This variety has ensured that players never experience boredom, with new twists released frequently.
And, since there is a Practice Play feature for all of the above options, you can first give them a spin for free prior to making any deposits. This is the perfect chance to get acquainted with the game and test out different strategies like the Martingale System and the D’Alembert strategy.
Alternatively, thanks to the rising popularity of streaming and hyper-immersion, there is also the option to play roulette with a live dealer. This means you’ll enjoy the live video and audio feed of the human host as you play the games.
Moreover, this transition has allowed online casinos to offer more variety when it comes to payment methods. Long gone are the days when you could only pay using cash or card, here the users can benefit from less traditional options like crypto deposits. From Bitcoin and Bitcoin Cash to Ethereum and Tether, cryptoheads around the world will have a field day.
Apart from the benefit of lower fees and faster transactions, such payment methods have improved promotion benefits. We’ll use the aforementioned casino as the perfect example.
With the Welcome Bonus, a player’s first deposit will be matched by 250% up to $1500. However, through a crypto payment, the numbers change to their benefit, reaching a match of 350% up to $2500.
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Banking
The banking industry is another one that has made a focused shift to the digital space, creating a whole new subsector called FinTech. Nowadays, most banks offer a mobile banking app, allowing their customers to access a plethora of services without having to go to a bank and wait in a queue.
Some banks don’t even have a brick-and-mortar locale, with one great example being Revolut. This is a fully digital global neobank, which allows its users to get their salaries, manage their finances, transfer money, and even invest in assets like stocks, crypto, and other commodities such as gold.
With a simple registration requiring only some basic details such as a picture of your ID, creating a new bank account has never been simpler. However, just because it is simple to register, it doesn’t mean that it’s any less safe than traditional banks as they highly value the security of their users.
Moreover, they are constantly developing their features, with notable recent additions such as savings with interest accounts and the ability to get a loan. These features are typically rolled out in specific countries and then expanded to others in time. We honestly can’t wait to see what is next in line when it comes to modern banking.
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Retail
When talking about industries that have gone through digitization, we’d be remiss not to note the retail sector. Online shopping has become the new norm, with some statistics reflecting approximately 2.64 billion online buyers. That is an astounding number, considering Earth’s population is just over 8 billion people.
This has opened them up to a wider and more international audience. For instance, someone in Malta could easily purchase an item from the U.S. on platforms like Amazon, with the only hassle being the delivery fee.
The digitization of retail has also enabled the creation of small businesses, making it easier for someone to start their entrepreneurial journey at a lower cost. There are now even platforms like Etsy, GoDaddy, and Shopify that simplify this process even more.
Conclusion
The transition from analog to digital didn’t happen overnight, with some industries still trying to catch up to the new world brought on by technological advancements such as the mainstream use of the internet. However, this transformation has allowed for a whole new level of comfort when it comes to accessing services and purchasing products. And, in 2024, if an industry hasn’t breached the online world, there’s a high chance of it being left in the dust.