Freescale Semiconductor and Inside Secure team to make new NFC-enabled prepaid electricity meter design

Electricity Meters

Freescale Semiconductor, a leading manufacturer of micro-technologies, and Inside Secure, a mobile technology company specializing in NFC, have come together to create a new contactless, prepaid utility meter design. The design aims to bring more security to the world of electronic meter products as well as help modernize the utilities industry. Prepaid electricity meters are quite popular throughout the world, but have been the target of fraud in the past. Both companies claim that the new design system will be much more reliable in terms of safety. The design is…

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SK Telecom develops new way to make every mobile device NFC capable

Example of SIM Card wearable technology

Mobile commerce is beginning to gain a fair deal of momentum in the world. The concept is proving to be appealing to consumers that have become conjoined with their smart phones. The problem, however, is that those with NFC-enabled smart phones do not account for the majority of the market, putting mobile commerce in a precarious position. A Korean telecommunications company has designed a solution that could save the future of the industry. SK Telecom, South Korea’s largest mobile telecommunications company, has developed a new SIM card that can imbue…

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