MasterCard aims to link wearables, payments and the Internet of Things

MasterCard on Monday said it has partnered with a variety of hardware makers to transform everyday objects -- from key fobs to jewelry -- into Internet-connected payment devices. Essentially, MasterCard plans to utilize the connectivity and security features commonly found in digital payments in an attempt to tightly weave commerce with the Internet of Things. The idea is bold (a key fob for payments?) but seeing as it's rooted in the basics of IoT, the technology required to make it all come together is definitely doable.