English to Chinese Tech/Engineering IT (Information Technology) mobile apps

While it might be surprising to some, there are many things that we can learn from Boston-based startup SCVNGR. More appropriately, from its mobile payments business LevelUp. The company is rethinking the nature of transactions from the ground up with one distinct principle: transactions are data.

***What is currency but the physical representation of a certain type of valuable data?*** That data changes hands through transactions and the transactions themselves create data about what was bought, who bought it, where and how. We can call this transactional metadata. LevelUp now has enough money flowing through its ecosystem where it can take the transactional metadata and turn it into programmable applications. As such, the company released an API last week so developers can applications on top of transactions. When you wrap your head around it, this is a pretty neat phenomenon.