NFC Solutions
RFID (radio frequency ID) technology is at the verge of a breakthrough in our day-to-day lives with not long to go before this technology can be found in every household. The application of RFID in mobile phones is called NFC (Near Field Communication). One of the most important applications will be the replacement of the credit card or ATM card with an NFC based application running on your NFC enabled mobile telephone. This trend and the increase in applications that use NFC technology will result in a fast growing market for NFC mobile telephones.
Other applications that utilize NFC technology include using a NFC mobile telephone for so-called micro payments such as parking meters, building access, event tickets. RFID tags can be added to brochures, movie posters and can be incorporated in products for tracking or information purposes. These innovations will lead to new types of profit and revenue models based not on the value of the product but the volume of your transactions and services. Revenue shall be generated by transaction.
- NFC technology can be found in many different markets and include innovations such as:
- Incorporation of RFID in chipcards
- Increasing market penetration of chipcard technologies in a variety of markets
- Increasing separation of chipcard carriers (such as OV-Chipcard) and the usage of the propositions for which it is intended
- Increasing interest for RFID applications for branch independent initiatives
- e-Ticketing (Sale, Distribution, Access and Inspection/Validation)
- Increasing number of mobile phones on the market that have incorporated NFC technology
- 3rd generation NFC incorporates ISO14443 and ISO15693 standards
