Is NCF the next missing link?

Wiki: Near Field Communication or NFC, is a short-range high frequency wireless communication technology which enables the exchange of data between devices over about a 10 centimetre (around 4 inches) distance.

Kinda like a mash-up between a RFID Chip and a smart card but a little bit smarter than that. Locally Telstra and NAB have been working with it to develop contactless mobile payments (here). You know buy some “stuff” at the “supermarket” and instead of using your “plastic” to “pay” for it, you just “swipe” your “phone” past their “thing” and hey-ho you’ve just “paid” for it. Now it can go a little bit further than this as people have been using the technology in smart posters, so the user just waves their phone past the poster and “holy-digital-content-delivery-system-Batman”

Hat Tip: Rubbishcorp