Beyond Cell Phone Wallets, Biometrics Promise Truly Wallet-Free Future

The technology is remarkably straightforward: near-infrared light shines up from a detector, allowing it to image the unique pattern of veins in a person's hand. This pattern is stored as a unique identifier, not an image.

All that's required to turn this system into a reliable payment mechanism is a service provider willing to link that unique identifier to a bank account or credit card. That's not trivial, but if the rise of payment system pioneers like iPhone-based Square tells us anything, it's that it's at least possible.

Unlike phone wallets, which aren't obviously superior to existing solutions like credit cards, a biometric-based payment system is not only more secure than existing cash alternatives, it actually has the potential to make the ones we already use more secure.

The unique pattern of veins in your hand can't be stolen, for example, and neither can your credit card if you choose to leave it at home. A biometric marker could also be used as a second authentication factor for existing payment systems, virtually eliminating credit card fraud at physical stores.

If the slow rollout of NFC holds any lessons, it's that breaking the monopoly of the existing payment system is difficult, especially when merchants bear the cost. But a biometric identification system could be a unique identifier that might justify its additional expense for some vendors. If you think waving your phone to pay for something is convenient enough to convince you to go to one coffee shop versus another, imagine how thrilled people will be to simply raise their hand?

7 Days Ago 08/05/2011

Biometrics are a _really_ bad idea...

...because when a database containing biometric data is compromised -- something that is inevitable -- everyone in that database will have to be invalidated. You can change a password, you can't change your biometrics so now you're screwed -- locked out of anything that needs your login data.

4 Days Ago 08/08/2011

opposite of anachronism

I wonder how one would hand one’s hand to be scanned through the fast food pickup window. So many transactions involve handing a card to somebody to scan. In fact, it is beginning to seem obnoxious to me to be told by the clerk standing in front of me that I “must” scan my own card and push all the buttons to complete the transaction. Today I stood in line behind a lady paying for a Starbucks coffee with a picture of her Starbucks card (bar code) on her cell phone. The cash register scanner scanned the phone image. I thought that odd because I expected the phone to communicate directly with the register. Evidently not yet …. (Ha, I sort of felt like Scotty must have felt when trying to talk to the 20th century laptop in the Star Trek movie.

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Beyond Cell Phone Wallets, Biometrics Promise Truly Wallet-Free Future
Beyond Cell Phone Wallets, Biometrics Promise Truly Wallet-Free Future

Ever since Google announced that its Android phones would be equipped with a "digital wallet" that allows users to pay for things simply by touching their phone to a pad, interest in our wallet-free future has taken off.



Biometrics Promise a Wallet-Free Future

But using a scanner to identify the unique pattern of veins in the palm is non-invasive and superior to cell phone payment technology. "The unique pattern of veins in your hand can't be stolen, for example, and neither can your credit card if you



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Notre Dame Football: Will Irish Offense Dominate in 2011?
Notre Dame Football: Will Irish Offense Dominate in 2011?

In 2010, Brian Kelly showed up on Notre Dame's campus with 179 college wins in his wallet and a reputation as an offensive guru in the spread offense. He maintains his offices at the top of a mountain in Tibet and eats only the root of the rare Futba



Whose Streets?
Whose Streets?

The real bridle on the demand for automobiles was not the consumer's wallet, but street capacity. Traffic congestion deterred the would-be urban car buyer, and congestion was saturation of streets. By the late 1920s, a young graduate student named




How to Identify the Fake Coach Wallets | Cheap Oakley Sunglasses ...

Most of the people who bought coach wallet were satisfied with the quality and durability. Coach also maintained each of every product they created to meet high quality standard. Coach has very unique design on each of every wallet they created. So I am sure you also want a good quality coach wallet. You need a wallet coach which can keep all your necessary things like cash and credit cards. You want it to keep yourself in a good shape of fashion.

Coach wallets are high-end wallets that combine designer style and high-quality materials. Whether you are buying a wallet to match your favorite Coach purse or simply want a specific Coach wallet on its own, you need to ensure that the wallet you are buying is authentic, as there are so many replicas out there. Here are some tips for identifying fake coach wallets.

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First Look at the pattern on the wallet. The pattern on authentic Coach Wallets is centered. It is therefore symmetrical on both sides of the item. If the wallet’s pattern is off-center and mismatched, it is not real. The signature “C” pattern features paired Cs that faces each other. If the pattern only has single Cs, it is a fake.

Second

Check the stitching on the wallet. All authentic Coach Wallets will have solid, even, well-done stitching. If the wallet’s stitching is uneven, crooked or sloppy, it is a fake. Also look for any stray threads–another sign of a fake.

Third Check the inside of the wallet. If the outside features the signature “C” pattern, the inside lining should not. The reverse is also true: If the outside does not feature the signature pattern, the inside will likely have it. If both the inside and outside feature the signature “C”-pattern lining, the wallet is likely a fake.

Five

Look for any glue on the wallet. Glue is never used on any part of official Coach Merchandise. Often, replica makers will glue the leather together prior to stitching. If you spot any glue residue, do not purchase the wallet, as it is inauthentic.

The last

If you are buying online or through a catalog, scrutinize photos of the wallet for sale. Compare those photos to shots of authentic wallets that can see on the Coach website. If you spot any differences between the authentic wallets and the one for sale, you know you are dealing with a replica.

If your dream is to personal a Coach Handbag or wallet then you have to make your dream come correct by hook or crook. There are numerous ways of performing it. The very first is always to get it at discount at Coach Handbag online outlets. Coach Handbag outlets or replica handbags are a spot to go to obtain the most sought after handbags. Celebrities want them, the elite want them, as well as teenage girls want them.


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I'll be adding more free projects here as I find them, this is one list you'll want to bookmark and keep as a handy reference! Fabric Wallet Patterns & Tutorials ...

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