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Virtual Biometric Wallets Edit
2-Way Secure Wireless Information Exchange From Proxense


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Virtual Biometric Wallets
2-Way Secure Wireless Information Exchange From Proxense
Virtual Biometric Wallets - 2-Way Secure Wireless Information Exchange From Proxense (GALLERY) 2

What do health care, gambling and retail outlets have in common?

If you answered that they all take your money, you’re wrong—well, you’re right, but it’s not the answer I’m looking for.

What they have in common is that soon you may be using a small pocket-sized bit of technology that could enable you to exchange your health care information in a hospital, tell your slot machine how much cash you have left to gamble with when you sit down in front of the one-armed bandit and order your favorite latte for you the minute you walk through the door of your favorite coffee shop.

This cool little mini-wallet could be the wave of the future if John Giobbi and Matt Davio of Proxense have their way.

According to Giobbi, “This could be your virtual wallet, your keys and your identification.”

The thing that makes Giobbi’s technology different from existing RFID, or radio frequency identification, technology already in use with magnetic key cards and electronic toll collection systems is a much greater range — about 300 feet compared with a few inches — and its use of biometrics and two-way communication in order to authenticate and encrypt transactions. (bendbulletin)

References:  proxense, bendbulletin

Filed In:  business health lifestyle new ventures science tech






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FOUR WAYS TO REACT: vote, favorite, add more examples of Virtual Biometric Wallets or comment about 2-Way Secure Wireless Information Exchange From Proxense.

Marissa Brassfield on Jan 4, 09  3,413 Trends   4,044 Comments
Too cool. What sort of technology is required from the receiving party? I'm thinking of bar/restaurant uses :)
Marissa Brassfield on Jan 4, 09  3,413 Trends   4,044 Comments 0
Favorited by Ariana Shaw on Jan 4, 09
Favorited by Yorgos Psomas on Jan 4, 09

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Virtual Biometric Wallets