Chase Offers Contactless Cards in a Blink: Chase is offering a new RFID enabled cards which can be used by customers in various locations. The advantage touted are: Convenience AND a 20-second reduction in transaction time using contactless payments, and the results of pilot tests point to higher per-transaction spending when consumers use contactless payment devices instead of cash.

Peter Lynds: His controversial paper in 2003 has shook the world, and the coming few years will tell us whether he would be able to piece up a conclusive theory. His main premises are : There is no clock; “time” is an illusion Time has no indivisible unit. There is no “now,” only sequences of events.

Anatole Gershman:. If you look three to five years out, the underlying technology trends that … will continue to drive innovation are: 1. The rise of intelligent sensor networks. 2. The rise of scalable intelligence techniques – all the techniques that can analyze the data that is coming from all the sensors and could lead to useful business insight. 3. The rise of technology that enables you to be and act “there” from a distance and cope with lots of information, and it will be driven by pixels.

I should start appreciating statistics from now onwards for various reasons . Here’s a Quote from ‘Art of War’ which sums up the importance of number crunching With many calculations, one can win; with few one cannot. How much less chance of victory has one who makes none at all! –Sun Tzu

The opportunities enabled by RFID beyond the supply chain fall into three categories: safety and security, mobile asset management and complex process simplification. ** Safety and Security :** The first benefit among this category is the reduction or elimination of theft and counterfeiting. RFID can also be applied to important, sensitive or valuable documents, providing document security and also avoiding productivity-consuming searches for missing files. Mobile Asset Management Many industries have many millions of dollars invested in mobile/moveable assets that are needed for internal operations or to serve customers.