Here Comes The Wallet Phone

Japan's DoCoMo gets ready to put your money where your mouth is

4 min read

NTT DoCoMo, Japan's largest cellphone system operator, best known worldwide for pioneering the wireless Internet in 1999 with its hugely successful i-mode system, looks to have another big winner on its hands. Having recast the cellular handset as an electronic wallet--in effect a prepaid wireless cash card--it's getting ready to make it a full-fledged wireless credit card.

DoCoMo is working with major travel and banking organizations to extend the reach of its e-wallet service. Meanwhile, its two main Japanese rivals, KDDI Corp. and Vodafone K.K., are introducing competing products. (All three companies are based in Tokyo.)

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How Nanotech Can Foil Counterfeiters

These tiny mechanical ID tags are unclonable, cheap, and invisible

10 min read
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Close up of a finger with a clear square on it.
University of Florida
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What's the largest criminal enterprise in the world? Narcotics? Gambling? Human trafficking?

Nope. The biggest racket is the production and trade of counterfeit goods, which is expected to exceed US $1 trillion next year. You've probably suffered from it more than once yourself, purchasing on Amazon or eBay what you thought was a brand-name item only to discover that it was an inferior-quality counterfeit.

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