As annoyed as I am with products that begin with that dammed Apple “i” moniker, I have to admit that the iCache is a really awesome concept.
The device stores any information that is barcoded or has a mag stripe – which means that all of your credit cards, debit cards, loyalty cards, and club cards can be emulated and used from one small device. All you need to do is scroll through your cards on the screen, make a selection, and your data will be ready for use on the iCache card. After it is used, the information will disappear in 10 minutes. Security is handled through data encryption and fingerprint scanner access control.
At this point iCache is being pitched to various banks and credit card companies. There is no word on price or when we could expect to see it on the market.