NFC Technology on Your iPhone

If you have a smartphone, you undoubtedly know about barcode scanning apps that can link the real world with the virtual world. While these barcode scanning apps are great, companies are always looking for the next best thing.

I recently came across an article that states Apple is investing in Near Field Communications (NFC) technology. A subset of RFID, NFC limits communication range to approximately four inches. Apparently, Apple has already tested NFC technology on its prototypes.

But what does this mean for you? If smartphones like the iPhone begin to incorporate NFC technology, the possibilities are endless. NFC could be used for monetary transactions and downloading data at high-speeds from kiosks, stores, events and more.

Although it seems like the iPhone 4G just came out, NFC iPhones will probably come out with the next big iPhone makeover. Best of all, since most iPhone users already have iTunes, which has their credit card number, the NFC technology will be easy to adopt for payments. Imagine only having to carry your phone, sans wallet.

Currently, there are companies such as Bling Nation that implement NFC solution to retailers. In fact, just over a year ago I wrote on how the entire town of La Junta, CO has began to use NFC as a form of contactless payment. But, what if this was the case all over the world… I can only imagine the possibilities!

In addition to payment, imagine how retailers could take advantage of NFC. For example, if you walked into a store, a coupon could just automatically appear on your screen!

There are countless possibilities for NFC technology, and if the iPhone plans on implementing it, I’m sure other manufacturers will follow suite. Would you want NFC technology on your phone, and if so, what do you see it being used for? Let us know by commenting here, or on our Facebook or Twitter pages.