Showing posts with label application. Show all posts
Showing posts with label application. Show all posts

Tuesday, July 29, 2014

Quixter’s Pay-by-Palm Technology: A Glimpse Into the Future

By Paolo Enrico Flores, Marla Ongtao, Joshua See


Based on the idea from Fredrick Leifhand, an engineering student from Lund University in Sweden comes a new kind of technology that could be the future in terms of payment technology. Leifhand built a palm scanner that recognizes the veins inside the palm and has linked it into a payment system. Users sign up to have their vein recognized and it acts like a bank account, only it isn’t a card you use to pay but your palm. The process will only take 5 seconds and is a more convenient way to pay.

About

ECTrends showcases technologies, applications and trends related to the E-Commerce, Internet and everything in between.

Be in the loop and follow us to be updated of all the relevant Internet trends.

Email us if you have anything you want us to share.

Enjoy!