Google Phone replacing Credit cards? by Milota Sidorova

San Francisco - Web 2.0 conference. A duel between Google and Facebook expected. Who will squeeze maximum from the media attention? Who will win the bid with better offer? Will it be Facebook with its email feature or Google with unknown surprise? For now it's hard to compare, but both CEO's threw a media bomb into the audience. While Facebook was expected, Google came out with the announcement of its new Android smartphone. Naturally, Google has been producing several smartphones based on almost two year old operating system and so far, it has been quite success, but not that much so one could speak about „breaking news“. Google collaborating with Motorola nad ! Samsung have launched their Android phones past months, but it wasn't that shiny, since many similar products have appeared as well. The question was, what could Google's CEO Eric Schmidt say to regain the attention back? Well, yesterday he announced Google's new release will be a pioneer and a progressive piece of work if it comes to combination of smartphones and payments. Phone should be able to replace credit cards, including interactive chip being able to pay. But it should be more secured than common credit cards. Phones will feature „Near Field Communication“ that will enable to send payment data of the owner to vendors that will have to use the same kind of compatibile technology. Although it seems like a new and progressive trend, Schmidt suggested that it was just far away from days when phones would replace credit cards in daily routines.

related story (sgx18612): http://news.yahoo.com/s/ap/20101116/ap_on_hi_te/us_tec_googl...

by Milota Sidorova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.