Pay By Swatch with G+D Mobile Security at Wearable Technology Show
Description
Continuing GNC’s coverage of the Wearable Technology Show, I’m with Kenneth from G+D Mobile Security which specialise in “user and device identities”. In particular, they’re behind some of the technologies that enable wearables and mobile devices to act as ID for, say, transit or ski lift passes.
The team at G+D Mobile Security work to put additional value into an existing wearable device, so a watch becomes a lift pass, an activity tracker becomes a payment device or a wristband becomes ID for a music festival. G+D were behind Swatch Pay launching in China with China UnionPay in 2017 using Swatch Bellamy models, and a European launch is expected later this year.
In the interview, Kenneth takes me through the process by which a wearable or other smart device can be programmed to securely mimic a credit card, and talks around the current capabilities plus some interesting future developments that give greater control over where and when payments can be made.
Payments are only one aspect of G+D’s wearable portfolio, and they’re currently working with various universities to develop IDs which can be used for access control, tracking class attendance and membership of sports teams.
G+D Mobile Security have a couple of interesting papers on current technology trends including smart homes, app security and the “digital doctor“. Worth a read.
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