Google Releases Smartphone Wallet
Now that Google's Wallet program is live, owners of Sprint’s Nexus S 4G and a Citi Mastercard will be able to process payments through Google with a tap of plastic on plastic.
What's the Latest Development?
Using near-field communication (N.F.C.), Google Wallet users who have connected their Citi Mastercard to their Nexus S 4G phone will be able to pay for items by tapping their phone to a card reader at participating stores. "The release of Google Wallet is more a signal of intent than a real step into a payment processing arena that contains a number of competitors that haven't yet tangled themselves with N.F.C., including Square and PayPal." Google has promised to keep an open system that is not allied with any one credit card company.
What's the Big Idea?
Soon, carrying a wallet to transport cash and plastic cards will go the way of mens' hats. Google wants its technology to be able replace every card you have in your wallet, not just your card from the bank: "Google Wallet will also replace loyalty cards, gift cards, receipts, boarding passes, tickets, and 'even your keys.' Hopefully you don’t keep your own address in your phone, or if you do, you at least keep the screen locked." The new technology will bring convenience to consumers and allow Google to better track its users' consumption habits.
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We take fewer mental pictures per second.
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- The complexities of grownup neural pathways are no match for the direct routes of young brains.
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It's one of the most consistent patterns in the unviverse. What causes it?
- Spinning discs are everywhere – just look at our solar system, the rings of Saturn, and all the spiral galaxies in the universe.
- Spinning discs are the result of two things: The force of gravity and a phenomenon in physics called the conservation of angular momentum.
- Gravity brings matter together; the closer the matter gets, the more it accelerates – much like an ice skater who spins faster and faster the closer their arms get to their body. Then, this spinning cloud collapses due to up and down and diagonal collisions that cancel each other out until the only motion they have in common is the spin – and voila: A flat disc.
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