Mobile security, a very important piece in the mobile commerce pie.
Sequent Software, a developer of NFC technology, has joined with Global Platform, an organization that aims to standardize the management of mobile security applications. Through the partnership, Sequent will be able to help develop more robust security technologies for NFC-based contactless services. The company will also help establish new business requirements and best practices guidelines to help other industries make use of secure NFC technology. Sequent believes that the partnership will be beneficial to the entirety of the NFC industry because it may help alleviate some of the concerns consumers have regarding the security of the technology.
Security has proven to be a serious issue for NFC technology. This is especially true when the technology is used in mobile commerce. NFC has been the driving force behind the mobile commerce industry because the technology is capable of turning smart phones and other devices into mobile payment platforms. This is usually accomplished through a chip installed in mobile devices that stores financial information. Concerns regarding the safety of this information have been raised by consumers. Companies investing in mobile commerce often note the supposed safety of NFC technology, but these claims have done little to placate the masses.
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Sequent believes that the security problems facing NFC technology are largely due to inefficient infrastructure. The company, along with Global Platform, will be working to embolden the technological infrastructure of NFC by developing new applications and security software. Sequent will also be contributing to Global Platform’s Mobile Task Force, which is and auxiliary organization that is responsible for bolstering the security infrastructure of mobile technologies. Sequent Software will also have a place on the Global Platform Advisory Council and will be able to share its expertise with other companies in the technology field.
NFC technology may be on the brink of a serious evolutionary period as more companies become invested in refining it. The technology continues to grow in popularity around the world, especially in the industries of mobile commerce and marketing, but its growth is still faced with challenges that include mobile security and consumer interest.