Loose change from your travels is one thing that banks cannot change for you, which is why a few designers gathered to create the Add Up currency exchange system.
Created by Fan Cheng Kuei, Deng Pei Chih and Hsieh Tsai Ni, the Add Up is a winner of the Design Concept Award in the 2012 Red Dot Awards. To use this machine, simply insert your coins and choose the desired currency. The money can be transferred to your phone account or Skype dollars. With the various exchange rates, there's bound to be some "micro exchange," which is the long line of digits after the decimal.
When using this machine, the micro exchange can be transferred to the charity of choice. With the amount of travelers worldwide, if the Add Up currency exchange is implemented, the total amount for donations has the potential to be colossal.
Charitable Currency Converters
The Add Up Currency Exchange System Swaps Loose Change Banks Won't
Trend Themes
1. Micro Exchange - The Add Up currency exchange system has the potential to disrupt traditional currency conversion methods by allowing users to convert loose change, including micro exchange, into desired currencies.
2. Digital Currency Transfer - The Add Up currency exchange system introduces a disruptive innovation opportunity by enabling users to transfer money to their phone accounts or Skype dollars, providing a convenient and secure digital currency transfer solution.
3. Charitable Donations - The Add Up currency exchange system presents a disruptive innovation opportunity by allowing users to transfer micro exchange to their charity of choice, tapping into the growing trend of socially responsible consumer behavior.
Industry Implications
1. Currency Exchange - The Add Up currency exchange system is set to transform the currency exchange industry by offering a hassle-free solution for converting loose change into desired currencies.
2. Digital Payment Solutions - The Add Up currency exchange system poses a disruptive innovation opportunity for digital payment solution providers, as it allows users to transfer money to their phone accounts or Skype dollars.
3. Charitable Organizations - The Add Up currency exchange system presents an innovative opportunity for charitable organizations to leverage micro exchange by enabling users to directly transfer their loose change donations.