Convergence of objects

Filed in archive Cool on December 18, 2005

Someday your money will talk to you... The media convergence is well-known. For example TV and computer grow together. The same happens to our money. The use of electronic money like credit cards or paypal has increased the last 10 years. But now the money itself becomes electronic.

Due to a number of money transport robberies in recent years, the Swedish national bank is considering adding RFID tags to their banknotes.

Several types of tags are under consideration: a passive id-tag for tracking stolen banknotes would form a first step; later they are considering tags that are de-activated during transport and storage and only activated once the banknotes are paid out from a cashpoint.

via smartmobs
and Anita
So - the question is who builds a wallet that tells me how much is still there ;-)

Related Entries:

« Nanoarmor textile | Main | Robot that can run errand... »

Permalink: Convergence of objects

Tags: Convergence convergence

Vote for Convergence of objects:

Currently 8.00/10
1
2
3
4
5
6
7
8
9
10

Rating: 8.00 out of 1 vote(s) cast.

Response from: jolina (12/20/05 10:53pm)

I've read about the Sweddish plan of applying RFID tags to banks. I think that is a good idea. And this time, converging things...hmm? Very comfty, I guess, if this idea will happen in the future.

Response from: Indigo Avalon (03/12/06 8:47pm)

In my opinion electronic money is good idea. It's more difficult to steal money. But you shouldn't keep all your money on the credit card. It's better to have more than one bank account.