Thursday, December 5, 2013

One Card to Rule Them All

by Max Frommelt

Do you know what’s troublesome? Cards–there are simply too many of them. Credit, debit, rewards, point and gift cards. If you want to simply carry them all, you have to be able to find all of them first. Then, when you want to use one specific card, you have to root through your bag to find it. Meet Coin, the electronic, swipeable card that can hold the data from all of your cards in one place. You scan in the card from the downloader. Once it is recognized, the downloader pulls the information into your iOS or Android device. You then take a picture to be able to see your card on the mobile app. Coin combines this scanned image and the data it receives from the scanned card. Once that is done, it pulls the information from your mobile phone and works in tandem with it. This means that Coin is the physical card, while the mobile app creates and organizes your cards over bluetooth. So, if you don’t have the your phone with you, you can still use the physical card itself. However, you might want to make sure you have your phone anyway: you can store any number of cards on your mobile device, but Coin has memory space for up to only eight of your most frequently used cards on the physical card. Worried that you’ll be billed multiple times for the same item? If you want to make sure a purchase is only charged to a specific card, the Coin app will lock Coin so it only uses the card you select. You might think that this would make it really easy for someone to steal all of your cards at once, and with it, your identity. However, along with convenience, security is a big feature of Coin, too. Let’s say you leave your Coin behind. When Coin senses that you're not near, it sends a notification to your phone to tell you that you forgot it. It also locks the physical card, so if someone has stolen it, they will be unable to use it. Simple, easy, secure–and only $55 on pre-order. To purchase Coin or find out more about this revolutionary idea, go to https://onlycoin.com/.

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