Tokenization would make payments more secure through mobile devices with NFC
In recent weeks the rumors that ensure that Apple could include an NFC chip in the iPhone 6 and launch a mobile payment system through this type of wireless connection. Of course there is nothing confirmed yet, but now new rumors have emerged about this issue.
These new reports that have appeared take for granted the NFC chip integration in future mobile devices of Apple, especially iPhone 6 and iWatch. But it seems, Apple You could create a more advanced and secure payment system than other manufacturers use through NFC thanks to a technology called tokenization.
Thanks to this technology, the connections that would make the iPhone 6 or the iWatch through NFC would not always send the same number, but in each connection the number would change and this would make it much safer. Thanks to this, if an attacker intercepts the signal and manages to subtract the code sent by the device, it will not be useful since it is of a single use.
Tokenization technology uses complex codes that vary with each shipment, so its security is much higher than other technologies that are currently being used in mobile payment systems.
iPhone 6 and iWatch would have an NFC chip and a mobile payment system based on tokenization
Bank Innovation talks about sources with insider information about the plans of Apple For this technology. In addition, it also speaks of patents that the Californian has in its possession for at least five years.
As we said at the beginning nothing is confirmed, but there is no doubt that it is good news to start talking about these things. Make Apple a launch like this or not, security in payment transactions from mobile devices should be paramount and, although the scope of the NFC is very limited, it never hurts to put even more barriers on possible attackers interested in "intercepting" the bank details of users of this type of payment system. We will never be 100% sure, but the more efforts made by manufacturers and developers of payment systems of this type better than better.
It is expected that tomorrow, Tuesday, September 9, Apple present the iPhone 6 in society at the event that is scheduled at the Flint Center in Cupertino. Further, there are also rumors that the iWatch could also be presented, so if really Apple You are thinking of launching a mobile payment system based on NFC and tokenization, this event would be the ideal time.
Do you think that Apple Will you use this technology? Will we see an iPhone 6 and iWatch with NFC tomorrow? The wait will be short.