NFC

It is the set of standards for smartphones and similar devices to establish radio communication with each other by touching them together or bringing them into proximity, usually no more than a few centimeters..


smartphone are no longer just fancy mobile devices that let you e-mail and surf the web. A contemporary smartphone has more power than all of the computers that were at NASA's disposal back in 1969 when the United States first landed on the moon. Although you probably won't use your phone to control your own lunar anytime soon, it will do all sorts of other nifty stuff, like replace your wallet, thanks to NFC(near-field communication) technology.

The beauty & utility of NFC - a short range,wireless communication standard -- can be summed up in three primary purposes : sharing,pairing & transaction.NFC can turn your phone into a digital wallet, become a master key for everything from your house to your car or serve as a government or corporate identification badge. And that's just for starters . Check out a whole swath of others nifty uses at NFC Rumor's sprawling infographic.

Armed with these tiny chips, smartphones are about to graduate from smart to downright brainiac status.Right Now, only about 34 million phones have NFC, but some experts think that number will blow past 100million in 2012.


http://www.gsmarena.com/glossary.php3?term=nfc