Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Galileo needs a rational financing structure.

Also a bit of imagination in relation to the applications it enables.

The "soft" authentication available using a combination of GPS and mobile location technology would be perfect for a global messaging/payments/clearing infrastructure.

Iraq's access - post "apocalypse now" - to global payment systems was (I don't know if it still is) essentially via satellite onto laptops.

I was involved in a bid six or seven years ago for a new satellite based payment system for Iran, but we pulled the plug on the bid when at the last minute someone asked for a 25% "commission".

As I recall, a French system got the contract....

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Mon Sep 24th, 2007 at 04:30:23 PM EST
[ Parent ]

Others have rated this comment as follows:

Carrie 4

Display:

Occasional Series