NFC lets devices share information at a distance of less than 4cm and at a maximum communications speed of 424kbps. The bidirectional capability makes it ideal for establishing connections with a simple touch. (Source: NFC Forum)
WOW!, IF y'all think that modern computer file hacking is a problem today, then I'll bet you can't wait until these technologies & devices become ubiquitous througout the land! Then, you'll see hacking at its best!! ME? I'll stick to paper checks AND CREDIT cards only.
I wonder how affordable these models for mobile payment capability are for the small business owner or are they aimed at larger companies with an ability to invest in an expensive infrastructure? I own a company that used to make portable trail obstacles for horses. We would often go to remote locations with our products where we would loan the use of them for a trail competition and have a table set up for selling our products afterwards. A major frustration was that while our products were very well-received, people did not come to trail competitions with enough cash or with their checkbooks to purchase one - we lost the immediate sale opportunity due to their inability to pay. If a person had a means to buy on the site of the trail ride - problem solved. However, with our small profit margins, any of these mobile payment methods would have to be very affordable...
The Beam Store from Suitable Technologies is managed by remote workers from places as diverse as New York and Sydney, Australia. Employees attend to store visitors through Beam Smart Presence Systems (SPSs) from the company. The systems combine mobility and video conferencing and allow people to communicate directly from a remote location via a screen as well as move around as if they are actually in the room.
An MIT research team has invented what they see as a solution to the need for biodegradable 3D-printable materials made from something besides petroleum-based sources: a water-based robotic additive extrusion method that makes objects from biodegradable hydrogel composites.
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