The explosion in collaborative consumption is indeed transformative, but Y Combinator-backed Balanced is a step in the wrong direction precisely because it extends and supports the legacy infrastructure rather than offering a true peer-to-peer payment solution.

FORBES: Payments Startup Balanced Innovates In Wrong Direction

We could certainly point you in the direction of Samsung Techwin's Video Baby Monitor or Y-Cam's offering, both of which are infrared-and-internet capable cameras that pump the picture straight to your mobile device.

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