2011 is going to be another year with updates and latest releases from Apple. All and miscellaneous are waiting breathless the ultimate statement on iPhone 5 and iPad2. Every day we are being bombarded by rumors, gossip, and disbelief around these two hot tech products. It appears that this works like a genuine marketing policy for Apple; to create buzz long time before launching, and then sell in enormous quantities. The technology that could restore the use of credit card is called Near Field Communication (NFC). iPhone 5 would be the most suitable product to use the NFC on. NFC is a wireless technology, comparable to Bluetooth and its basic role is to exchange data with other peripheral constituents by using the radio frequency. In plain English, once this scientific know-how is applied, you will be able to execute mobile payments, as you do with a credit card. This could be a huge victory, especially if Apple manages to decipher the security problems that NFC has. A superior solution could be to rely on applications that use higher-layer cryptographic protocols (e.g., SSL) to institute a secure channel.
Bloomberg publicized in the end of January that new generations of iPhone, iPod and iPad products would reportedly be equipped with NFC capability which would enable small-scale monetary transactions. Being the most waited and used product, chances are that iPhone5 will be the first one to bear the NFC flag. The license registered by Apple will have an application for payments, a biometric band that will permit the confirmation using fingerprints and a chip comparable to those that are being used on actual credit cards. We have adequate signs to say that this is going to be a ground-breaking improvement, not only for Apple, but for the whole world. More businesses, amongst which, Nokia and Sagem, have expressed their will to release mobile handsets with NFC technology, most probably, during 2012. There are companies that have already executed the NFC technology. The British branch of Orange partnered with a series of vendors to use this service. There are also current trials in other 15 countries in Europe(including France, UK, Germany, Austria, Poland, Norway, Turkey, Romania), Asia&Oceania, Latin America and Middle East.

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