Sometimes one of the best ways to predict where a market technology will go is to do some research on what intellectual property the market movers are securing. This is almost like a 'crystal ball', if you will, into the future of what innovations might revolutionize the industry.
With Apple's iPhone and Google's Android dominating the current buzz in the smartphone space I thought it would be a good idea to look into what mobile commerce ideas these two heavy weights were filing for pattent applications.
Of interest is Google's GPay. Here is an interesting Blog entry on this patent
Also of interest is Apple's iPhone Transaction System. Here's an interesting Blog entry on this patent