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CIA Venture Fund Invests In Near-Field Communications

jfruh (300774) writes | about a year ago

Government 0

jfruh writes "In-Q-Tel, the dorkily named venture capital arm of the U.S. Central Intelligence Agency, is investing in Tyfone, a small developer of mobile banking, identity management and near-field communication systems. "We believe that Tyfone's technology has the potential to address a wide range of complex government and commercial secure identity challenges," In-Q-Tel's vice president said. Feel free to speculate wildly about possible espionage applications."
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