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
Close up of a finger with a clear square on it.
University of Florida

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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