A recent report by ABI Research says that in five years (by 2009), half of mobile phones will be RFID-enabled. They will be equipped with the new Near Field Communication standard.

Roland Piquepaille over at the Technology Trends weblog has the story:

"Here is how you'll use it. While walking down the street, you'll see a poster for a movie you want to see. By pointing your phone at the poster, you will be connected to a website, buy the ticket and be charged through the credit card information stored in your smart phone. Of course, other usages might severely affect your privacy. But as the technology is already being tested, I guess we'll have to deal with it."

For more information about Near Field Communication, visit the NFC Forum, an industry organization established by Royal Phillips Electronics, Nokia and Sony.