In the future, picture yourself being able to do almost anything with only a wave of your hand, including paying for things, boarding the metro, and entering buildings. Tencent is already doing it in China.
The digital behemoth with headquarters in Shenzhen has launched a palm scanning service in China that allows customers to leave most of their necessities at home, including wallets, phones, and house keys.
The technology is not new; Amazon (AMZN) and other companies have been using it for years. However, Guo Rizen, a senior company official, states that Tencent aspires to be the company that brings the technology to the mainstream.
Guo, vice general manager of Tencent’s Weixin Pay Industry Application division, told us in an exclusive interview that “we have confidence in this.”
