Thou shalt not steal ...others Wallet...

lest...you are ready to part with your keepings....Patents are public knowledge, and if they aren't they should be, lawyers are expensive. Looking at all the patent infringements law suits on the mobile front I have come to the understanding that before inventing one should consult a lawyer.The mobile space is evolving and ideas come to mind, but sometimes they come to other minds earlier and faster. Recognizing that can save some pretty penny.
While every major player is looking at it with different angle, it is clear that for consumers to feel inclined towards mobile transactions using their mobile device as their currency/ID, an integrated, smooth, no hassle, simple, secure service has to be offered, which is not possible without the participation of major players in specific industries. The perfect storm needs the Financial institutions, Carriers, OS platforms and payment networks to all play together nicely, even if the solutions are separate, they need to coexist. Consumers are all about convenience; and more options, when it comes to pay are convenient, they are less bothered by who is going to win the monetization race, or how the pie is being split.
I looked at the Device Fidelity's mobile wallet patent and it is comprehensive. I am a believer that law suits are an excellent source of income to..well the lawyers, the rest of us techies would careless. The pdf for Device Fidelity mobile wallet patent with the images in their places can be found in the link below.

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B_40SUf1ic7PODRlOTI0OGItMjk1NC00Zjc1LTkxOWMtYzk2YzYyZmNjODI3&hl=en_US

We will tackle the synopsis in the next blog....when you and me both have gone through 29 claims and 30 some pages of technicalities and patent jargon...