Theoretically, a mobile wallet that works when your phone is dead should be possible. It's probably the coolest thing about NFC, that only one of the devices needs to be powered. I don't know that anybody has implemented such a thing though.
I agree that it's a solution in search of a problem. But the CC companies don't need to switch off of chip-and-pin to support mobile wallets. Have you noticed that you can tap a chipped credit card against the new generation of POS devices to pay? If you can do that, you can tap an NFC phone as well. Ever noticed how the chip in your credit card looks a lot like a SIM? Not a coincidence, it's the same underlying Smart Card tech.
And about the malicious entities, this really isn't as big a problem as what your picturing. A wallet app is really just a UI. All the meat goes into your Secure Element. Your card info gets put in remotely by a trusted authority, and is read directly off the chip by a POS. Apps on your phone don't have access to it.
Their was an idea floating around that people were more likely to leave their wallet at home than their phone. I'm not sure where that idea came from, it's always seemed unlikely to me.
Retailers in a lot of cases are installing the new POSs that read a tap from a credit card. It's the same hardware to read a tap from a phone (both are NFC), so it doesn't cost them any extra. The tap-to-pay really is convenient for low value transactions (usually $50) because you don't need to enter a PIN.
In a mobile wallet, your financial data isn't stored in regular memory. There is a device in your SIM called a Secure Element which talks directly to a POS. Apps on your phone have zero access.
The reason this method of execution hasn't caught on is that some people are uncomfortable with the accused going out in a blissful state. They can't be "cruel and unusual", but they at least want the experience to be unpleasant. This could be taken as evidence that the death penalty is purely a form of revenge.
And just who are you going to be paying with this technology? Good luck getting MC and Visa on board with a new technology when they just finished a huge push for NFC support.
Around 700000 people, in a country with a population of 125788578. That's only %0.0056. If we measure the number of basement dwellers in any other country would we really see any better?
This tech could make the Tesla Roadster a whole lot sexier too. Maybe even surpassing regular vehicles in horsepower/weight ratios? I would love to see a EV that beats current sports car performance.
Who among the recent glut of vampires was an "overblown Transylvanian count"? All the vampire fiction that we've been swamped with lately has been of the dangerous but sexy 20-something variety. Or as I call it, the Ann Rice Archetype.
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Theoretically, a mobile wallet that works when your phone is dead should be possible. It's probably the coolest thing about NFC, that only one of the devices needs to be powered. I don't know that anybody has implemented such a thing though.
And about the malicious entities, this really isn't as big a problem as what your picturing. A wallet app is really just a UI. All the meat goes into your Secure Element. Your card info gets put in remotely by a trusted authority, and is read directly off the chip by a POS. Apps on your phone don't have access to it.
Their was an idea floating around that people were more likely to leave their wallet at home than their phone. I'm not sure where that idea came from, it's always seemed unlikely to me. Retailers in a lot of cases are installing the new POSs that read a tap from a credit card. It's the same hardware to read a tap from a phone (both are NFC), so it doesn't cost them any extra. The tap-to-pay really is convenient for low value transactions (usually $50) because you don't need to enter a PIN.
In a mobile wallet, your financial data isn't stored in regular memory. There is a device in your SIM called a Secure Element which talks directly to a POS. Apps on your phone have zero access.
And then those of us who jail-broke their guns can run amok!
The reason this method of execution hasn't caught on is that some people are uncomfortable with the accused going out in a blissful state. They can't be "cruel and unusual", but they at least want the experience to be unpleasant. This could be taken as evidence that the death penalty is purely a form of revenge.
And just who are you going to be paying with this technology? Good luck getting MC and Visa on board with a new technology when they just finished a huge push for NFC support.
There's a reason that movie has some clever insight... It was based on a novel by William Gibson.
Around 700000 people, in a country with a population of 125788578. That's only %0.0056. If we measure the number of basement dwellers in any other country would we really see any better?
The results of Universe 25 were pretty obviously the result of inbreeding, so.... let's hope not?
"Well dressed" doesn't really describe booth babes. Actually, "dressed" doesn't really describe booth babes.
I'm betting I'm not the only one who was a little disappointed to read what "meteotsunami" means.
In my experience geeks generally aren't big on sweets. If you want to be the hero of your IT focused office; bring jerky, not cake.
Or it could be the wi-fi!
Maybe you can send the money using Bitcoin. I hear it's good for international transactions.
Apparently the House plans on using a rocket powered by wishes and rainbows.
http://science.house.gov/hearing/subcommittee-space-hearing-nasa-authorization-act-2013
When Thomas Young was asked when NASA could get to Mars on their current budget, his response was "Never."
The difference is that he isn't facing prison. He's facing Gitmo.
This iteration of Superman has been going on for 2.5 hours?! It's definitely getting stale by now. Time for a reboot.
If your suggesting that the solution to overpopulation is people starving to death, than please, you first.
If he hasn't learned how to breath yet, then yes I'd say that would be a great place to start.
"You just need to be excited!"
That's going to be a problem.
This tech could make the Tesla Roadster a whole lot sexier too. Maybe even surpassing regular vehicles in horsepower/weight ratios? I would love to see a EV that beats current sports car performance.
Who among the recent glut of vampires was an "overblown Transylvanian count"? All the vampire fiction that we've been swamped with lately has been of the dangerous but sexy 20-something variety. Or as I call it, the Ann Rice Archetype.
But not being responsible doesn't mean that your customers won't blame you.