If you still aren’t sure about the coming cell phone revolution, consider this next bit of information:
“Out of the 6.5 billion people on the planet, less than one billion have a bank account. The only way to sustainably serve these people is through mobile communications,
Mobile communications operators and banks joined forces on Monday to make it easier and cheaper for hundreds of millions of immigrants and migrant workers to send money home by using their mobile phones.
…people can load cash on their mobile, and order it to be sent to a mobile phone number in another country, where the recipient receives a message that money has arrived, making it as easy as sending a text message Full Story
This technology is part of the last bit of technology needed to turn the indispensable cell phone into a complete financial transaction system. All that’s needed now is the ability to swipe your phone like you would a credit card to complete a transaction or allow you to enter UID to make purchases directly from your cell phone. Surf, shop, send cash and pay all from your phone.
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Word Of The Day- adumbrate: Dictionary.com Word of the Day July 18, 2009adumbrate: to outline; also, to foreshadow; also, to shade.
- adumbrate: Dictionary.com Word of the Day July 18, 2009
- Quote Of The Day
- Lou Holtz"When all is said and done, more is said than done."
- Lou Holtz
- Neologisms
- frequency illusion July 16, 2009frequency illusion n. The tendency to notice instances of a particular phenomenon once one starts to look for it, and to therefore believe erroneously that the phenomenon occurs frequently. Example Citations: The word issues bothers a fair number of people, including reader David Devore, who recently sent me a link to a language complaint in the […]
- wallet neuropathy July 3, 2009wallet neuropathy n. Lower back pain caused by sitting on an overstuffed wallet kept in a back pants pocket. Example Citations: Physiotherapists have coined the term 'wallet-neuropathy' for the lower back pain caused by men sitting down (such as when driving or in the office) on wallets always carried in their back trouser pocket. The […]
- intexticated July 2, 2009intexticated adj. Preoccupied by reading or sending text messages, particularly while driving a car. —intexticating pp. —intextication n. Example Citations: The usual concerns arise, knowing teen drivers will be packing the ever-present buzzing and ringing cell phones from which most seem incapable of parting. We've had the disc […]
- Wikipedia kid June 30, 2009Wikipedia kid n. A student who has poor research skills and lacks the ability to think critically. Example Citations: As an English professor at Algonquin College in Ottawa, I was very impressed by the report's neologism: "Wikipedia kids." Too many graduates of Ontario's high schools know how to cut and paste, but have learnt […]
- carrotmob June 26, 2009carrotmob n. An event where people support an environmentally-friendly store by gathering en masse to purchase the store's products. Also: carrot mob. —carrotmobber n. —carrotmobbing pp. Example Citations: Forget sticks, and stick with carrots instead. So says Brent Schulkin, founder of a fledgling movement of activist consumers […]
- phantom fat June 25, 2009phantom fat n. Lost body fat that is still perceived by a person who used to be overweight. Example Citations: Body-image experts say it's not uncommon for people, especially women, who have lost a lot of weight to be disappointed to some extent to discover that they still aren't "perfect." The excess fat is gone when they re […]
- weisure June 8, 2009weisure n. Free time spent doing work or work-related tasks. [Blend of work and leisure.] Example Citations: Weisure has been fueled by social networking sites like Facebook and MySpace, where "friends" may actually be business partners or work colleagues. "Social networking as an activity is one of those ambiguous activities, […]
- DDo$ June 4, 2009DDo$ n. A scheme where a fine or fee is paid using a massive number of small electronic payments, particularly when each payment generates a transaction cost greater than the payment itself. Example Citations: After the Pirate Bay founders were fined $3.5 million, they swore they wouldn't cough up a single cent. Instead, they've come u […]
- space headache June 4, 2009space headache n. A debilitating headache experienced by astronauts during space travel. Example Citations: Astronauts need to add space headache to their list of occupational hazards, say researchers. ... The researchers believe there are a number of reasons why space travel could cause headaches, the root cause being microgravity. Micrograv […]
- VB6 June 3, 2009VB6 n. A person who eats a vegan diet before 6:00 PM, and then whatever they want after that. [From the phrase vegan before 6.] Example Citations: VB6. No, it's not a tomato cocktail or the latest version of a computer programming language. VB6 is short for Vegan Before 6, the increasingly popular veggie-heavy diet that converts say can do […]
- frequency illusion July 16, 2009
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[...] More cell phone wisdom from DigitalGhost. He’s in the tea time every week with evidence of the coming cell phone [...]