bitWallet: Sony & DoCoMo Make Mobile Money

(From WWJ Video Program No. 57, Apr. 2, 2003)

Video: http://www.wirelesswatch.jp/modules.php?name=News&file=article&sid=200
(You can only see the preview on the GLOCOM Platform)

Summary:
We've told you before that the celly is morphing into an e-wallet, and it looks as though it's going to happen in 2003. bitWallet is a joint venture between Sony, NTT DoCoMo, and a bevy of banks and other interested players all salivating over potential profits. Although there are no details yet on what an e-wallet-enabled keitai will ultimately look like, today's program shows how contactless smart cards are being used in Japan. Features an in-depth interview with sr. bitWallet staff; if you want a glimpse of the future - don't miss this one.