InvestorsHub Logo
Followers 49
Posts 2387
Boards Moderated 0
Alias Born 08/07/2007

Re: Poptech post# 217152

Thursday, 07/29/2010 2:23:08 PM

Thursday, July 29, 2010 2:23:08 PM

Post# of 326354
CH said long ago that NEOM was building an interoprerable ecosystem for mobile barcodes similar to the ATM machine. I believe this patent application was what he was referring to. I also believe that it is the basis for the Neustar registry/clearinghouse function. I could be completly wrong but I do know that it costs me 3-4% everytime I withdraw cash from any ATM other than the ones that are owned by my bank. I see it playing out in a fashion similar to this example.

Let's use Microsoft tags for example. Currently you must have the MS reader and it will only read MS tags. Under the Neustar/Neomedia format, I believe that MS reader will read any code and any reader will read MS Tags. If the tag/code/campaign manager etc. is foriegn to the provider, a fee will be charged for use of the interoperability function provided by Neustar/Neomedia.

At least we have established that the patent application pertaines to mobile barcodes.

Probably a poorly worded example, and may be totally inaccurate, but I would like to hear additional viewpoints/discussion on this topic.


"A man doesn't know what he knows until he knows what he doesn't know"