Mark Anderson Talk

Stephen Johnston writes about a talk Mark Anderson of SNS delivered at Nokia:

Mark’s 2007 Predictions
1. ePhones: Phones will be used to pay for things
Japan already does this. Nokia has been testing this for years.
“Carriers have been the bottleneck” – but why wouldn’t carriers do this. Qualcomm are investing in startup payments. Carriers are changing their mind about this.
Many technologies, but security clearly the main issue. Authentication is required.

2. Authentication everywhere.
ID theft is so important, that authentication will be required everywhere. Biometric will be big. Voice is one idea, would be great if it does work. Phones could have a bio swipe, and reduce theft – it costs about $9 to install. Could do this in conjunction with insurance companies – never worry about phones being stolen. This then would allow the phone to be used in conjunction with keys for phones. “Phone” is not the right term for what this is – it communicates more with systems than people. 50% increase in data.

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Rajesh Jain

An Entrepreneur based in Mumbai, India.