Newly released research by Sanford Bernstein analyst Emme Kozloff, found that by using “electronic wallets” companies like Wal-Mart could save big. By using customer’s fingerprints as a payment method, companies could speed up the checkout process; reduce the potential for fraud and identity theft, and most importantly save money by lowering the transaction fee. This type of system is already in use by Albertsons, Cub Foods, and Piggly Wiggly. While this might save time at the checkout, privacy advocates are still very concerned about the process.
Read More | CNN
So, let’s be honest - we have all heard of RFID technology by now. To further your education, Spychips is a site dedicated to informing the masses against the possible dangers that exist with this new technology. RFID has infiltrated everyday life, unbeknownst to most. Stores like Wal-Mart use RFID for things like inventory management, and as an anti-theft device. Some of the things that Spychips.com reports on are a bit one sided, but its interesting to see how this technology could be potentially damaging to our privacy. If you do not look out for your civil liberties, and privacy, no one else will.
Read More | SpyChips
Life imitating sci-fi: University of Texas at Dallas nanotechnologists have created super strong artificial muscles, capable of superhuman feats.
University of Texas at Dallas nanotechnologists have made alcohol- and hydrogen-powered artificial muscles that are 100 times stronger than natural muscles, able to do 100 times greater work per cycle and produce, at reduced strengths, larger contractions than natural muscles.
The buff synthetic muscles could be used in many situations, including autonomous robotics. The muscles, like real muscles, convert chemical fuel to mechanical energy, getting rid of the need for batteries or wired power.
Read More | Physics Org
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