Opinionated comments on mobile phone industry news
|
All entries are written by Anders Borg, CEO and Consultant of Abiro, that has a long experience in strategic planning, developing embedded and Java software, usability aspects, and the mobile phone industry in general. You can also read the latest Mobile News entries on your phone via wap.abiro.com, and we provide many News Feeds from popular news services. For advertising and contribution queries, please use the feedback form. News feed (local) FeedBurner Feed
|
|
Thursday, October 05, 2006
The Java Ring, more potential than meets the eye
As this was a give-away at the Java conference 1998 it might not be seen as anything serious, but the design of the Java Ring, that's based on an enclosed MPU/CPU called iButton, running software compatible with Java Card 2.0 it's actually a good start for better and more secure banking, authentication etc.If banks would use Java Rings or smartcards maybe we would be less hazzled by phishing attacks. Latest news in Sweden is that banks will take increased action against phishing ... by not paying out money to those that has lost any. Their defence is that customers might start faking phishing attacks and get paid money they shouldn't have. The banks won't actually mend what needs to be mended. Thanks banks!
Mobile phones use smartcards and could be used as secure identification devices, yet we still use cards with magnetic stripe for our financial services. Can anyone explain the logic in that? Is it just that banks are conservative? Banks trust banking via HTTP/TLS, so when will we see fully-featured mobile banking and payments?
(via CEO's Mobility Weblog)
