What is NFC?

Name stands for Near Field Communication. It is an upcoming technology used to transfer data between two devices; the initiator and the target. The initiator generates an electric field that can be picked up by the target. Examples of initiators are tags, stickers, and more. The target can be any mobile device such as cell phones, laptops, and other hand-held devices.Applications are already plentiful and while this technology is evolving the number of applications and usability exponentially expand.

Where am I going to use it?

NFC tags as authorization identifiers used for accessing public transportation, airline tickets, large venues, stadiums, shopping malls, open space festivals and concert camps, expo centres and also university campus, schools, and many more. Tags can be used according to their pre-setting to permit or deny access, identify visitors and inform the controlling system for actions and movements of the tag bearers.

NFC tags as electronic money (E-wallet) allow the device to act as a wallet with actual cash. The device will hold a certain cash balance and when you use it the payment will be subtracted from the cash balance on the device. This balance can sync to a bank account, PayPal, and other like services.

NFC tags as identity documents: Drivers licenses, green cards, and other identity documents can be stored on the device and recognized by an NFC initiator. Instead of handing them your ID, you can just hold your phone next to the NFC initiator.

NFC tags as electronic keys can replace car keys, house/office keys, hotel keys, and other keys.

NFC tags as Wireless Connections Initiators (similar to Bluetooth pairing). NFC can automatically initiate a connection between two devices when they are held next to each other.

NFC tags as loyalty cards (retail). Customers use this tag when shopping or roaming in store. With a mobile app users can get from their tag their status, associate with promotional campaigns, follow in store social media, participate in promotional events, get coupons, discounts, privileged treatment and many more.

Today & Tomorrow.

The growth of the applications market is expected to be exponential with the revenue growth from $7,7 billion in 2011 to $34,5 billion by 2016.

In the mobile phone industry alone in 2011, only 5% of the total mobile phones were NFC-enabled today there are nearly 400 million NFC capable smart phones in people's hands — that's around 5% of the world's total population and it is estimated that in the next five years, i.e. by 2016, this number will rise to approximately 46%.

Brazil is introducing smart cards as the country prepares for the 2014 World Cup and the 2016 Summer Olympics.

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