As near field communications (NFC) technology comes into the forefront of smartphone use, never-before seen issues regarding virtual credentials have become a serious issue in preparation for the common use of the devices as mobile wallets. NFC is a form of wireless communication technology that allows data to be exchanged over a very short distance between two devices. This is one of the leading platforms being developed for holding a virtual wallet that contains an individual’s identification, bank or credit card data, and other data that can allow him or…
Read MoreNFC technology adds requirement for virtual credentials for identity management
