“Apple first established some of these future functionalities, such as using the iPhone as an electronic key or working with in-home devices back in early 2010 working with NFC,” Purcher reports. “Then last week a new Apple patent application revealed how the iPhone could adopt RFID circuitry and reader to perform some of the very same noted tasks.”
Purcher reports, “In today’s revelations, Apple states that they’ll adopt a host of other wireless technology standards to enable the iPhone to communicate with all of tomorrow’s smart devices. Apple is preparing future iPhones to work as an electronic wallet and in doing so must ensure that it’ll work on any given wireless network that a retailer or city service implements. In the big picture, Apple now has all of their bases covered. The next step will be introducing iWallet capabilities into a future iPhone that will take e-commerce to the next level.”
More in the full article, including Apple’s patent application illustrations, here.