WebCrypto - "A Solution Looking for a Problem"

In this somewhat dated document, applications like on-line banking and credit-card processing are mentioned:

I doesn't appear to be in scope anymore and this document outlines why:

Although currently not particularly useful, something along these lines will probably emerge
as a more workable solution for a wide range of crypto-using applications including payments:

In fact, the entire idea if having a browser-level wallet needs reconsideration,
since it would lead to local payments and web payments having different
"Look-and-feel", Security, API, etc. characteristics.

That is, "calling" a local (native) wallet from the web is the most likely future solution.
According to insiders this exactly what Apple is currently working with in order to extend
the functionality of their (r)evolutionary Apple Pay system.


Received on Thursday, 22 January 2015 06:52:44 UTC