Well, apparently there is already someone out there that is working with this idea, but it seems as if their approach may doom the project: they are trying to patent it. Check out their site: http://www.myreceiptcard.com/

This idea would more easily work in an open environment that could be easily extended instead of a closed environment as it looks like they propose.

As you could tell, although the idea could make money by making people pay to join the service, I was looking at the side of giving the service away to only take in what was needed to keep and slightly improve the service, not for profit.

Oh well, it would have been a good idea.  Thank you, Corporate America*, for always trying to make an easy buck.  Without you, many good ideas would have never been born, nor would many of them have ever been needed.

 

*Note: I have nothing against commercialism, nor many corporations.  I have a problem with the Patent system and how it is designed to make people who do NOTHING make money, and how it stops innovation.

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