May 9 - You
Can't Leave Home Without It: A Temporary Tattoo
Could Replace Your Credit Card
Article: Technology For A Global Monetary System
If you’ve ever been to a music festival, sports stadium or any other crowded event, you may have been concerned about carrying a purse or wallet, which can not only be cumbersome, but can make you the target of pickpockets. And the alternative of carrying a solitary plastic credit card isn’t much better since they can easily slip out of your pocket. Those concerns might disappear in the not-so-distant future, thanks to technology being developed for ultra-thin, contactless payment stickers similar to temporary tattoos.
MC10, a healthcare technology company, is developing tattoo wearables that can affix to a payer’s body as a breathable, waterproof NFC, or near-field communication, payment solution. Think of it as a tattoo that can give you far more than just street cred. The wearables are designed to pair with a smartphone, which can then allow them to make payments to a merchant using an NFC reader. The “tattoos” are also designed for limited use — once the wearer removes it, it’s rendered useless.
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