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Google CEO says Android Update "could replace credit cards"

boo7382

By boo7382,
in Huddle Lounge

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boo7382 Rookie

boo7382

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At the Web 2.0 Summit in San Francisco, Schmidt said Android 2.3 (code-named Gingerbread) will combine location services with "tap-and-pay" functionality.

"Imagine that instead of typing my search, my phone is sending me information all the time," Schmidt said. "Maybe I tell [my phone] I need a pair of pants, and I get relevant information as I walk down the street."

Android, an open-source operating system widely used in smartphones, will soon use so-called "near-field communications" sensors to read RFID tags and link up with other phones and payment systems. That move will put Google squarely in the center of the growing field of developers working on mobile payments.

Schmidt also unleashed a new statistic: a whopping 35 hours of video are uploaded to Google's YouTube every minute.

The rest of Schmidt's talk was a grab bag, with the CEO commenting on recent controversies around Google data's, its competition with Facebook, and Google TV.

Addressing "creepy comments": Schmidt laughed off questions about recent comments he made about Google "knowing where you live and what you do." His take: "In the new world, you have to label jokes."

http://money.cnn.com/2010/11/15/technology/google_schmidt_web2/index.htm

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natty Newbie

natty

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Bingo. Open Source = Open Wallet

lol that is so incredibly wrong.

Stuff like this can be really insecure though, simply because the web itself is inherently insecure. These new devices are just exposing the weaknesses more and more.

Anyway, I really want to get a droid phone, I've had it with this iphone/at&t bullshit. Just last week I started learning the API for droid development and it's pretty damn cool. Now I just need to think of an app that can make me millions.

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