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Topic: large investment for an electronic handheld wallet? - page 2. (Read 1978 times)

newbie
Activity: 56
Merit: 0
I think the world is going towards smart phones and tablet computers, rather than dedicated devices. A Smartphone is currently capable of much more than what the general population uses them for. However, I imagine in the coming years (say 5-10) that you're going to see a dramatic difference in the way we use them as compared with today. Even more so if we see an increase of Bitcoin uses and a wider acceptance.

So no, I do not think it would be a good idea to create a dedicated handheld wallet when I own a smartphone and most people I know own smart phones. That is, unless you are able to produce them for the price of a basic dollar store calculator and sell them for $5-10. Which I doubt you would be able to without some sort of large corporate backing, which would also take Bitcoins being much more widely known and accepted before a large corporation would even consider it.

full member
Activity: 224
Merit: 100
At the moment this is just an idea.

I have enough electronics experience to create a sort of hand held wallet computer, would look somewhat like a calculator or one of those card readers you use to get into online banking here in the UK.

The idea is that you would be able to display your balance when syncd with a computer, or very easy to intergrate a wi-fi module to use this wirelessly around access points.

A display would show your account balance, transactions, and even use it to make transactions at points where the device would connect to a server, connect with encryption and transfer funds.

I expect that in the future could be used to make payments for goods at shops.

Any thoughts's?

I'll make a prototype next week.
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