The world is changing faster than we can imagine. These new chips have a technology called NFC, which enables data to be exchanged wirelessly over distances of a few centimeters, meaning mobile phones can be used to pay for goods, store electronic tickets, download music and swap photos and business cards. To read more see this article

Robb Hammond is the founder and CEO of AERI, an independent electronic component distributor operating since 1994. He is a founding member and former committee chair of SAE AS6081, the counterfeit-avoidance standard for independent distributors adopted by the U.S. Department of Defense, and a recognized authority on counterfeit detection.