NFC (Near Field Communication) is something we can easily find in mid and high range cellphones these-days, developed to allow instant contactless transactions, data exchange, and simplified setup of more complex communications such as Wi-Fi the technology holds a lot of potential.

NFC tags allow users to perform automated tasks like change of phone settings, a text to be created and sent, an app to be launched, or any number of commands to be executed when in proximity to a particular tag. This functionality can be used to automate a lot of stuff using multiple tags, for example turn-on bluetooth and launch MAPS application when inside your car.

Wafer is an NFC tag for all existing NFC devices, which is not only cheaper then competition but has more memory, maximum device compatibility and is customizable with you own text. With costing of just $1.4 a piece, this is something one should not miss if having a NFC capable device.

After Google Wallet and Mobile Phone Door Locks By Yale everybody is assured the NFC or Near field communication is surely the future technology and is coming our way fast and hard. Taking another innovative leap making use of NFC technology "Sony Ericsson" has made public their future plans to introduce NFC based Xperia SmartTags, planned to be used with future NFC capable Xperia phones the different colored tags will enable users to customize the tags to automatically change preferences, activating and deactivating phone features according to the tag the phone gets pointed at - like Home, car, office and bedroom.

A demonstration video is available after the jump.

With widespread support for Near field communication (NFC) on all future smartphones and mobile operating-systems like iOS, Android and Symbian - the technology is soon going to be the next big innovation apart from the "Mobile Wallet" it was was originally developed for. Thanks to NFC technology a leading door-lock manufacture "Yale" has already unveiled there automated locks, soon users will be able to open their locks simply by holding a smartphone near the lock.

Yale has developed the technology named "Mobile Keys" allowing users to load electronic keys onto their smartphones securely, allowing them to unlock these NFC locks with right permissions. A video demonstration of these smart-locks is available after the jump.

Much anticipated Google NFC (Near field communication) payment service "Google Wallet" finally got unveiled officially, the Google Wallet app once installed on your mobile-phone will make your phone your secure digital wallet. With NFC enabled mobile-devices users will be able to pay for services by just tapping on their phones at any "near field communication (NFC)" payment terminal, since this is an mobile application users will not only be able to store and use their credit-cards but also manage shopping information like offers, loyalty cards and gift cards. When you tap to pay, your phone will also automatically redeem offers and earn loyalty points for you.