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pocketgpsworld.comOver 90 percent of British children already own a mobile phone. Mobile devices, seen by many as umbilical to the younger generation, are predicted to infiltrate our very psyche when highly developed socially networked location based services (LBS) eventually saturate the market.

Couple this with NFC (contact-less 'card' swiping known as near-field communications) and you'll see that the mobile networks have got a very exciting few years ahead of them. Already widely used in Tokyo, Taipei and London (over three-quarters of London tube and bus journeys are now made using Oyster), NFC facilitates sharing information, downloading credit & coupons and uploading payments to supermarkets, restaurants, theatres, transportation companies etc.

These mobile devices will act as communicators, passports, travel-cards, door keys (home and hotels), wallets and general all-round life assistants. They are expected to become fundamental to the way we live and interact socially, culturally and financially.

This will mean that vast socially networked communities will have the opportunity to lend money to each other (and earn interest) through... Click here to read more and discuss...


Posted on Wednesday, May 14 @ 20:30:48 UTC by Rob Brady

 
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