No Contactless Payment System In Next iPhone
RedEaredSlider writes "Citing fears over a lack of an industry standard, Apple has ditched plans to include near field communication technology in its next iPhone, The Independent reports. The technology, which allows users to make payments simply by waving their devices over special readers, is widely believed to be the next major step in both cell phone and payment technologies. Apple's decision to avoid it is a significant blow to its adoption."
Prediction: if there's no accepted standard within a year, Apple will create one. Further prediction: Slashdotters will universally hate it. The remaining 99.999% of the world will love it.
Ah, what an relief for ATM-skimmers: no contact required, ISO standard doesn't yet specify any protection against man-in-the-middle. Even if it would be so, the communication is small in size and one can easily jam the receiver and force the attempt of the same transaction enough numbers of time to have a good base for a cryptographic attack... especially since part of the encrypted information is known (the total of the docket).
Questions raise, answers kill. Raise questions to stay alive.
Apple is the main patent holder in the MPEGLA group
Wow, that's the most hilarious thing I've read all day.
They hold ONE patent in the h.264 pool. Out of several hundred.
Yup, that's a "main patent holder" all right.