ALTERA CORPORATION, a world class chip manufacturer, focused on: Automotive, Broadcast, Computer and Storage, Consumer, Industrial, Medical, Military, Test & Measurement, Wireless and Wireline chips and components was also very much part of the DLA research, and worked hand in hand with SMT and APDN during that period.
Per a push from credit card companies like Visa, U.S. merchants are starting to upgrade their old POS systems to ones that support contactless payments. (Technically, they’re EMV chip compatible models.) The project is supposed to take three to five years, though Gartner analyst Mark Hung says a decade is more realistic
Additionally, the banks and all the new hardware and software makers inserting themselves into the financial system will have to work out how to divvy up processing fees for purchases
In terms of using the smartphone to replace your government-issued IDs, the technology is already available,” Hung said. But it’ll probably be, yes, at least 10 years before the government warms up to accepting purely digital forms of identification.
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