Google CEO Schmidt Says NFC to Extend Android Acceptance
Near Field Communication was the talk of Web 2.0 Summit early on, as Google announced that it will be included in a forthcoming phone, and powered by the next version of Android. (InformationWeek)
Google CEO Eric Schmidt kicked off Web 2.0 Summit this year, and while he talked broadly about a range of issues Google is involved with (and that's a broad range), hosts John Battelle and Tim O'Reilly couldn't wait to tee Schmidt up to announce that Google is getting into Near Field Communication. Schmidt had an actual phone, with the brand well hidden. It will contain an NFC chip, and some special sauce in Gingerbread, the company's upcoming version of Android due in just a few weeks.
Using NFC in a phone, users can theoretically just "tap and pay," for example. This requires an ecosystem of merchants, payment providers and payment processors, and while this ecosystem is starting to form, it's still evolving. Schmidt later told a gathering of reporters that broader acceptance is probably a year away.