“The company is going to roll out terminals in the Helsinki area soon. The actual mechanism is as simple as it sounds: To confirm a transaction at point of sale, the user simply has to present their face to the camera, watch for their ID to pop up, then click “OK” on a tablet display to confirm that yes, they actually do want to make a purchase. There’s said to be no payment card involved, no wallet, no mobile phone use involved–which implies that the system stores your ID centrally along with details of your payment method. Uniqul says you can register with almost any payment system, from PayPal to traditional cards, and the data is protected by “military grade” encryption.”
Author Archives: ronnieapteker
Hello …
The seven deadly sins
Mahatma Gandhi regarded the following as seven deadly sins:
- Wealth without work
- Pleasure without conscience
- Science without humanity
- Knowledge without character
- Politics without principle
- Commerce without morality
- Worship without sacrifice
Biggest-ever Chinese internet takeover: Baidu shells out $1.9B for app distributor 91 Wireless
The New Yorker strikes again … too good !
35 Brilliant Insights From Nassim Taleb
Apple reportedly in talks to buy company behind Kinect sensor
Go slow
Paul Graham Offers Counter-Intuitive Advice To Startups: ‘Do Things That Don’t Scale’
“Startups don’t often experience hockey stick growth by themselves. They need a nudge from founders, who need to aggressively market their products and be overly attentive to users in the beginning.”
http://www.businessinsider.com/paul-grahams-startup-advices-do-things-that-dont-scale-2013-7
