Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

MP3 Players and RFID Chips ... and More!

Friday, November 30, 2007

There’s more pondering on the possibilities (just think of the Christmas loot!) now that electro king Samsung’s getting into mass-production of RFID chips.

Samsung Electronics said Tuesday that it will start mass producing mobile RFID reader chips next month.

Korean media outlet Digital Chosen offers a couple of examples:

  1. an MP3 player equipped with one of the new RFID reader chips could play music from an album just by holding the player up to the RFID-tagged album packaging.

  2. A microwave oven with a reader chip could automatically set the cooking time for frozen food by retrieving the information from a RFID tag in the food box.

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The European Payments Council (EPC) has published the second edition of its “White Paper on Mobile Payments.”

According to EPC, the white paper focuses on the usage of the mobile payments in the Single Euro Payments Area (SEPA) and explores how m-payment services can be delivered through cooperation between service providers in the payment industry and players within the mobile ecosystem.

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In an effort to reduce fraud, the Association of Banks in Singapor announced that it has set guidelines regarding the implementation of smart chips in ATM cards in Singapore.

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A team of researchers at the University of Montpellier in France have developed a way to embed a thin aluminum RFID tag on to paper.

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Dolcera Corporation has released a patent repository for NFC technology.

According to Dolcera, the new report provides a layout of “essential patents” that enable the use of the NFC technology based on ISO/IEC 14443, ECMA-340 and ECMA-352 standards, as well as the patents that are used to deliver NFC-enabled applications to consumers.

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MarketsandMarkets has published a new report predicting that the NFC market will reach over $10 billion by 2016 at a compound annual growth rate (CAGR) of 38% from 2011 to 2016.

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MarketResearch.com has released a new report predicting that approximately 46% of all mobile phones will be NFC-enabled by 2016 – up from just 5% in 2011.

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