In support of a cashless future, researchers recreate a cash-like experience

The mobile phone is piece of technology so loved, that some have referred to it as a “phantom limb”. To personalise and get the most out of this “limb”, people have been known to spend lots of time and money, decorating their precious phones with screen protectors, fancy ringtones, wallpapers, theme...

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Bibliographic Details
Main Author: Knowledge@SMU
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
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Online Access:https://ink.library.smu.edu.sg/ksmu/394
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1393&context=ksmu
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Institution: Singapore Management University
Language: English
Description
Summary:The mobile phone is piece of technology so loved, that some have referred to it as a “phantom limb”. To personalise and get the most out of this “limb”, people have been known to spend lots of time and money, decorating their precious phones with screen protectors, fancy ringtones, wallpapers, themes and ‘apps’. Many have even been caught fiddling with this device while driving! With a national mobile penetration rate of close to 140 percent (which suggests some people may have more “limbs” than others), it seems only natural to fantasise about incorporating the mobile phone into other favourite pastimes, such as the buying of 4D (lottery tickets) and chicken rice. SMU professors Rajesh Krishna Balan and Narayan Ramasubbu explore what hinders such developments and propose a simple yet effective transaction system that mimics cash.