Iris Recognition Technology has already made it to a few high end notebook computers and now it could just make it into mobile phones. LG electronics has signed a license agreement with Iridian technologies to use the latter’s proprietary Iris Recognition software. What this essentially means is that the ubiquitous mobile phone camera could be capable of identifying users’ irises as OKI Electric developed an algorithm for iris recognition through optical cameras way back in 2006. Although LG is tightlipped about which of it’s products is set to use this technology, we presume that it might be used mainly in it’s mobile phones to make it absolutely foolproof. This technology also assumes huge importance in this day and time as mobile phones are all set to become one-in-all devices that can be used for banking and other m-commerce applications. This obviously requires very high security and the iris recognition could provide mobile phones just that.