Communications and Society blog: By and for students in Marist COM 201

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Wallet of the future? Your mobile phone

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I’m not surprised to be reading about this at all. So far with internet access phones we can do the following: send emails, surf the internet, make online purchases, take pictures and videos, send all sorts of media messages, make phone calls, etc. It doesn’t surprise me at all that at some point in this country, our phones that we have on us at all times, are going to serve as our money and identification.

Analysts say mobile phones in U.S. may act like wallets in 5 years
Phones in Asian countries are scanned to make payments and serve as ID
Idea has been tested here for a decade but never adopted
Technology could cause privacy, security and logistical concerns

You can read the article here:

http://www.cnn.com/2009/TECH/10/24/tech.cell.phone.wallet/index.html

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Written by kylereny

November 22, 2009 at 8:14 pm

Posted in Uncategorized

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