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  • Apple Joins GlobalPlatform, a Secure Chip Standards and NFC Group

    Apple has recently become a full paying member of GlobalPlatform ahead of release of its iPhone 6 and Phone 6 Plus. For those of you who didn’t already know, the GlobalPlatform is an association that is looking to help standardize infrastructure relating to secure applications and smart chip technology. It does this by drawing on high-powered tech sector members that help create secure standards that can be easily deployed across new and existing hardware and software platforms.

    The three specifications that GlobalPlatform seeks to address include the following:

    • SE, or secure elements like the secure enclaves which are found in Apple’s A7 or A8 SoC
    • TEE, or trusted execution environments which are built into a main processor’s architecture
    • Messaging, which handles communication between backend systems and a device’s SE, TEE or other secure assets

    As you may already be able to infer, the areas of most interest to Apple are specifications which relate to secure payments, which are set to roll out on the iPhone 6 and iPhone 6 Plus as part of Apple Pay.

    The Apple Pay initiative, which was unveiled by CEO Tim Cook last week, stores credit card information as well as other payment information in a secure onboard element. It then uses NFC technology to communicate tokenized data wirelessly to point-of-sale terminals and has Touch ID fingerprint recognition round out the security feature list.

    The Cupertino California company is paying a fee of $30,000 per year to become a full member of GlobalPlatform. Being a member allows the company to actively participate in shaping specifications for various initiatives like secure element deployment and tie-ins with vendors’ backend systems.

    We’ll have to see how Apple utilizes the membership to further secure its mobile payments initiative. Apple Pay will debut with the iPhone 6 and iPhone 6 Plus this upcoming Friday, with support from major issuing banks and availability at over 220,000 store locations at launch.

    Source: GlobalPlatform via AppleInsider
    This article was originally published in forum thread: Apple Joins GlobalPlatform, a Secure Chip Standards and NFC Group started by Akshay Masand View original post
    Comments 2 Comments
    1. SpiderManAPV's Avatar
      SpiderManAPV -
      $30,000? Can Apple afford that? I suppose these iPhone sales may have bumped them enough to be able to pay that...
    1. bmwraw8482's Avatar
      bmwraw8482 -
      No wonder AAPL is down today. $30000 had to really hurt!