Apple Pay - Security Description

http://m.tuaw.com/2014/10/02/apple-pay-an-in-depth-look-at-whats-behind-the-secure-payment/

It is pretty clear that the traditional payment industry is YEARS after Apple.
The missing link is a way combining Security AND Decentralization.

The latter is something the "Super-Providers" have no reasons to bother
about since they don't need it.

So what's the problem then? The only people interested and *prepared* challenging
the super-providers represent economically and politically insignificant entities.
In addition, this lot is *highly divided* making alternatives poorly funded and marketed.

I'm a pessimist?  Well, where is your "brave" bank who gladly sinks a couple of million
bucks in a risky high-tech project that their competitors can also use?

Anders

Received on Friday, 3 October 2014 05:45:27 UTC