Your iPhone and registration, please

This minor hack came along to Father’s Day brunch as a conversation piece, but I’m thinking, with the right security features, this might not be a bad idea. You could keep credit cards and other small personal documents in a special secure area, which docs would be able to send a special, encrypted ‘handshake’ at the point of use via WiFi or visual scan. Encryption and remote wipe make the phone – and your cards – useless if you lose it. Goodbye leather wallet… BTW, everybody reading this is now under NDA…