Is this idea new or old? Five years working within a team for intel’s future tech trends we predicted that phones should have credit card info…and of course the big debate is how dangerous to put everything in one basket.
Already there are countries (finland + Japan) that allow you to wave your phone to pay for food and transportation. but in America our major fault is security. The lawsuit of misplace phones+devices that has your information in it. And worst the psychology of your mind to perceive money from a phone verses a card. one of the many reasons why people are in debt with their credit card. the weight and feeling of giving cash leaves a higher impact of you spending your hard earn money than handing a weightless piece of plastic that never change in weight or size when you earn or lose money.
but overall this is a new avenue of wireless currency that will not replace credit cards or cash but compliment it for improving local business or local convenience like parking meters. I have not read it but heard about the book Everyware by Adam Greenfield which goes into further exploration into this subject.
so in reminder: “a great idea is simply an idea on paper… innovation is not just about ideas but the ability to turn great ideas into reality… ”
via yankodesign
The device in size of a credit card 54×85,6 mm will replace all those. Moreover it can work as:
- Video phone. Before making a call you can choose an operator of a mobile communication.
- All credit and discount cards that you have. The built in program will prompt an optimum variant for discounts at the given payment place.
- The remote control for any device. It can simultaneously display a teleschedule and recommendations of your favourite site.
- Keys from doors of houses and cars you have an authorization to.
- GPS-system that can automatically upload aerial photos from the Internet.
- Library, video- and music shop. You can read, listen to and watch all that at your choice. Go to a public online library or buy all that you want in any shop of the world.
- Gaming device with support of network gaming (remember that you have a GPS and the virtual reality becomes quite real).
- Even your computer that works with any operational system that is being uploaded through the Internet.
For any actions connected with safety (payment, opening of a door, …) the device authorizes you by reading your fingerprints.
Designer: Dima Komissarov


