A chip embedded in the iCarte turns your iPhone into a portable electronic wallet, able to process contactless payments. It can also transmit any information it receives directly to enterprise databases using Wi-Fi or 3G network connections, so that orders and purchases can be automatically input into your company’s home server.via nytimes.com
Here comes another important piece of the puzzle for online wiring of the individual directly to the global digital network. Since there is a tsunami of RFID chips rolling over us this is a way to connect every individual to soon all manufactured objects.
This is an important step because of the imbalance the ditch between digital and analog is causing in our transformation towards a new society.
It is also interesting to note that this step happens with the iPhone in focus - a giant when it comes to attract innovation from everywhere.