NFC funny comment at the Mobile World Conference 2011

Mobile World CongressLast week’s Mobile World Conference fanned the NFC flames even harder.  With announcements from VISA and Deutsche Telekom, NFC is gaining momentum in the hype space.

I think my favorite piece of information came from the Engadget crew live blogging Eric Schmidt’s keynote address:

    12:27PM Q: “Can you share your visions on people’s financial side?” Money management, folks.
    A: “We’re not into banking as a bank.” Google money! “Management.” Oh. “Larry and Sergey have suggested Google bucks but I’ve told them there’s some legal issues.” We think that was a joke. “But seriously, now…” he’s talking about NFC being used as a secure ID for transactions. Europe is working to standardize it. “You’re walking down the street, confused (as I usually am). Your phone remembers you need new pants—” wait, WHAT?!

About Daniel Davenport

Daniel is a digital media executive with internet and broadcast experience. Daniel is currently the executive strategy director at THINK Interactive.

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