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YES, with lots of rumors of Apple's iPhone 5 being one of the top norch smartphones coming out soon, there has been a new feature added in called AIRDROP.

AirDrop is the new added feature in iphone that lets you send files wirelessly to anyone around you without any required set-up or special settings. With AirDrop, your iOS device automatically discovers other people nearby who are also using this feature.
You can simply share a file and drag it to someone else’s name in your address book, and presto, once accepted, the file transfers directly to the person’s downloads folder.

With AirDrop you do not require to be on the same Wi-Fi network with whom your sharing content/files with; you just have to be nearby and your iOS device must have a recent or modern Wi-Fi hardware.
Apple gadget lovers have detected easy share of content between iPhones, iPads, and Mac computers easily. Read More

If the rumor turns out to be true, the AirDrop feature on the new iPhone 5 will truly be a cool, nifty, and very helpful addition on iPhone 5.