China’s central bank has completed a five-year project to develop a digital currency that can be processed at a speed which is fast enough for it to be used in a retail environment, a senior People’s Bank of China (PBOC) official has revealed. The Central Bank Digital Currency (CBDC) “can now be said to be […]
China sets out plans for two-tier digital currency Read More »
By: Dan Balaban NFC TIMES Exclusive Insight – As Apple Pay approaches the fifth anniversary of its launch in the U.S., there is more research showing that most American consumers simply don’t see the value of tapping to pay with NFC-based payments services. Related stories, automatically selected: Report: Will Deployment of Contactless EMV Cards in U.S.
The US Army is looking to replace its current smartcard-based Common Access Card (CAC) with “wireless, lightweight, flexible and rugged” wearable contactless identity tokens that can be inserted into a soldier’s pocket, attached to a sleeve or integrated into a wristband. “The US Army Combat Capabilities Development Command, or CCDC, is researching and developing authentication
US Army to issue soldiers with wearable contactless IDs Read More »
Chinese buyers of Australian winemaker Penfolds’ Bin 407 Cabernet Sauvignon are now able to verify the authenticity of their purchase using the Wine Traceability Platform (WTP), a blockchain-based NFC service designed to protect Chinese consumers against the growing problem of fake premium wines. “In the case of Penfolds Bin 407, each bottle is attached with
Penfolds joins blockchain NFC wine authentication platform Read More »
Payment methods like Apple Pay and Google Pay will be used by US consumers to make transactions valued at a total of US$78.6bn this year, representing 1.6% of all US brick-and-mortar retail sales, according to a new forecast from 451 Research. “The reasons mobile contactless payments have yet to become a breakout success are many,”
NFC mobile payments to account for ‘just 1.6%’ of in-store transactions this year Read More »
Sports equipment maker POC has included NFC chips in two new cycling helmets “to aid user safety and protection” in the case of injury, Endurance Business reports. The chips in the Tectal Race Spin NFC and Ventral Air Spin NFC helmets enable riders to store their medical profile so they can “communicate for them when
POC adds NFC chips to bike helmets Read More »
By: Dan Balaban NFC TIMES Exclusive Insight – Five years ago next month, Transport for London introduced open-loop contactless payments across its transit network, including metro, trams and commuter rail, following an earlier launch on buses. The service now accounts for more than half of all pay-as-you-go journeys and has become a global showcase for the
“Titan Security Keys are built with a hardware chip that includes firmware engineered by Google to verify the keys’ integrity. Each key leverages FIDO standards to cryptographically verify your identity and URL of the login page, preventing an attacker from accessing your account even if you are tricked into providing your username and password.” Read
Google rolls out NFC Titan Security Keys to Canada, France, Japan and UK Read More »
“The 7.5 inch CryptoKitties each have a unique identity and are traceable on the blockchain. Look underneath the toy’s foot, and you’ll see a tamper-proof, near field communication (NFC) tag, with a unique serial number. Doting owners can interact with the chip, using a smartphone or other device, to access details about their toy’s unique
CryptoKaiju launches Cryptokitty toys with NFC Read More »
Böen Wines is to use NFC tags incorporated into all its bottle caps to let customers easily access information about where and how their wine was made, get advice on food pairings and “share their own experiences with Böen within the platform and via social media”. Tapping the bottle’s cap with an Android or iOS
California winemaker to use NFC to provide buyers with a ‘farm-to-table’ experience Read More »
