Saturday, September 18, 2010

My Quest to have one Card in my Wallet is Over

From Mashable, a startup called Dynamics is aiming to replace the standard credit card with … a standard credit card that has a microchip in it.  It’s pretty cool stuff and in this video, the founder talks about what we’ll no doubt see in a year or two.  Imagine having one plastic card replace all your current cards and having a security code on your card so that if it’s stolen, it’s worthless.  Both shown here.  I have to imagine MasterCard and Visa are eating this up.  It’s definitely hot in the VC world, Dynamics won a $1 million prize based on their concept.

I’m not allowed to post this on Friday, so I’m setting it to autopost on Monday. 

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