To satisfy the ever-increasing demands of humans for a more innovative, automatic and convenient lifestyle, the introduction of various moneytary transaction form has become an important breakthrough. While there are a myriad of debates about whether this would bring about negative or positive changes to the society, I, from my perspective, see this as a two-fold phenomenon that can simultaniously aid the road to better lives and put users’s security at risk. Therefore, it is of the utmost importance to have such transactions under proper scrutinies.