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Technology Stocks : Gemalto N.V.
GTOMY 28.11+3.7%Oct 15 5:00 PM EST

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From: JakeStraw7/6/2015 10:45:45 AM
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Gemalto NFC wristbands enable speedy transport in China
gemalto.com

Gemalto is supplying wristbands embedded with its Optelio Contactless Chip for NFC transport in Wuhan, China. The capital of Hubei province, Wuhan is one of the most populous city in central China with a population of over 11 million. For this pilot, Gemalto will preload these wristbands with the transit application, allowing users to ride buses and metro with a simple wave of their hand. It will also integrate a fitness tracker, enabling consumers to keep an eye on their day-to-day activities such as steps taken, distance covered, and sleep pattern. Consumers can perform balance check and account top-up through a smartphone application.
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