Mobile usage has virtually penetrated every aspect of daily lives from the traditional voice communication to Short Message Services (SMS), Multimedia Messaging Services (MMS), ring tones, camera phones, games and a vast array of applications. In fact with the advent of 3G technologies most Service Providers are promising even more attractive features and applications. This paper published by Indian Institute of Technology Bombay describes that Mobile Commerce, Mobile Banking and other financial transaction applications over the mobile will require high level of security which can be provided for by the Code-Division Multiple Access (CDMA) networks when the CDMA message signaling encryption is enabled.
Monitoring and control of time-sensitive products can be facilitated by the application of Radio Frequency IDentification (RFID) technology, which enables non-contact, real-time data collection and efficient interfacing with the management control system in the supply chain. In supply chains that handle perishable products, inventory management is already a complex problem and the management of products in a dynamic-pricing environment is even more challenging.