Tag: near field communication technology

NFC technology used for E-Ink display

The strategy was used to help to provide the wireless powering of the tags.

Although when the majority of people who have heard of NFC technology think of it in terms of advertising and mobile payments, as well as pairing smartphones to other devices, it has now been made possible to use this tech for wireless powering of an E-ink display.

A team of students and researchers came together in order to create this unique high tech tag.

The team was made up of individuals from the University of Washington, the University of Massachusetts Amherst, and Intel Labs. It created the NFC-WISP E-Ink Display Tag, which is based on NFC technology as well as a low power E-ink panel so that Android smartphones can transfer data (both sending and receiving) as well as power without the need for any cables or wires.

The NFC technology achieves this goal through the use of inductive coupling.

By applying NFC technology in that way, it can provide power by way of otherwise passive tags. The E-ink display can then take advantage of this capability through the use of a microchip that provides wireless power harnessing and a 1mAh battery. As one can expect, the initial form of this tech doesn’t provide a tremendous amount of power, but it remains very promising for the future.

The current use of NFC technology for power transfer doesn’t provide a huge amount of power but it was capable of offering enough that it could power a 2.7 inch display with enough stored energy that it could be used to cycle through images, even when it was not actually paired with the smartphone.

As of yet, using NFC technology for that purpose is relatively useless other than considering it a way to provide power to a secondary smartphone display, but it does hold some potential for the future development of power transfer tech. The E-ink screen could end up becoming popular for things such as maps and directions and shopping lists without having to draw on your limited battery power from the power-pig of a smartphone screen. The device’s 0.5MB of memory can hold an estimated 20 images.

NFC technology will be central to revenue growth for credit card giants

NFC Technology Major Credit CardsIncome will multiply due to the influence of mobile payments and mcommerce through massive partnerships.

Both Visa and MasterCard have come out with their latest mobile payments strategies, based on NFC technology and other methods that will help consumers to more comfortably and conveniently use their smartphones to pay for their purchases.

These new methods and channels will soon become central to a massive revenue growth for the companies.

All of the largest players in this arena are standing behind NFC technology as a central element of the success of their mobile commerce and payments efforts. This has been further solidified through a large number of partnerships that are being made with these companies, as well as wireless service providers, mobile security companies, and device makers.

It is likely that these deals will allow NFC technology to revolutionize mcommerce.

Though mobile commerce is still quite new, it is already expected that it is ready to be turned on its head once more as NFC technology becomes more commonly implemented into devices and more frequently used by consumers.

Investors are also starting to see the value of these deals that are centered around the successful implementation of NFC technology. From that standpoint, the use of near field communication could be a significant game changer that can result in tremendous revenue increases for credit card companies. Some of the partnerships that have taken place recently include Visa’s deal with Samsung and when MasterCard teamed up with VeriFone Systems.

The NFC technology based mobile payments services will allow devices to be used as a type of mobile wallet. In this sense, consumers can step up to the checkout counter of participating merchants and simply tap their smartphones against a reader device in order to complete a payment transaction. These services can also be applied to coupon redemption and loyalty program points collections, among others.

The goal of the NFC technology wallets is to make shopping far more convenient, so that everything from the points cards to the discount coupons and the payment methods themselves can all be contained in one secure location that many consumers already have.