The Idaho Business Review reports that a new technology that makes mobile business transactions more secure is being tested at Brigham Young University-Idaho.
The “open-encryption platform”, developed at the Idaho National Laboratory and licensed to Idaho Falls-based RFinity, uses a secure microSD card with a contactless interface designed by international security technology firm Giesecke & Devriet.
Integrating RFinity’s platform with G&D’s chip will make the world’s most reliable and secure identification and transaction system for use with mobile phones, according to a news release.
The open-encryption platform was honored this year by R&D Magazine in its R&D 100 list of “technologically significant products.”
Read the complete article from the Idaho Business Review here.
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