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Old 11-22-2006, 01:36 AM
John Navas
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Default NEWS: Mobiles hope to be 'smart wallet'

Mobile phones are closer to becoming smart wallets, following
agreement among mobile operators on an approach to near field
communications (NFC).

NFC is a short-range wireless technology like RFID tags, which are
used to track stock by retailers.

The tags inside phones could have personal information stored in
them and so could act as car keys, money, tickets and travel cards.

Mobile firms representing 40% of the global mobile market back NFC.

Alex Sinclair, chief technology officer of the GSM Association,
which represents the mobile industry, said: "Interoperability and
standardisation are the fundamental requirements for mobile market


John Navas

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