Apple granted U.S. patent for Secure Enclave processor essential for future iWallet system

“Prior to Apple’s great event that’s scheduled for later this morning – The US Patent and Trademark Office officially published a series of 47 newly granted patents for Apple Inc. today,” Jack Purcher reports for Patently Apple. “In this particular report we specifically highlight Apple’s Security Enclave Processor that will be essential in a future iWallet application.”

“Apple first introduced the secure enclave processor in context with their new Touch ID fingerprint security measure last year,” Purcher reports. “In this latest granted patent, Apple notes that this new processor could be used in context with financial management – which of course relates to an iWallet application.”

Purcher reports, “With news surfacing that Apple signed deals with American Express, MasterCard and Visa in the past week, we may actually see Apple introduce an iWallet application today with the debut of the iPhone 6.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]

9 Comments

  1. This is the sort of feature that Apple’s imitators will find hard to copy. It’s also very typical of Apple to introduce the Secure Enclave in a previous iPhone and let people think that it’s all to do with fingerprint recognition, but a year later we see that it has a much more important role and there are already many millions of them already in use.

  2. Wouldn’t a company like Samsung simply reverse-engineer the Secure Enclave Processor and modify it slightly to call its own. I’m guessing they can. There are Wall Street analysts already claiming that Apple will immediately lose about 50% wearable market share to Samsung, Google and Amazon by next year which means they’ll probably have to do mobile payments with the same security measures Apple is using. Wall Street says that Apple has zero advantage over Android when it comes to mobile payments. I’m not sure how that’s being determined but that’s what’s being said.

    1. Apple is king and there are many wannabe that examine and will find a way (often cheat) their way to create a product and use marketing to claim it is a better product.

      What I have seen and have personal experience is that SameShit (sorry meant Samsung) markets to people who compare individual features where as Apple users tend to look at the features that work together seamlessly.

      Apple can never directly convince those who are easily fooled to go by feature list by the sales people at AT&T, Verizon etc… to buy the cheapest.

      Apple’s new strategy of strengthening its ecosystem beyond the phone is going to pay well. This strategy will within a few hours make the say Verizon sales people irrelevant. Users will be asking for iPhone so they can use with their smarthome, or with their car, or with their iWatch, or as advised by their doctor. More importantly, users will go to Apple stores and buy and will not have to suffer the delusional cheap crap BOGO phone sales people.

      Sameshit can copy hardware features but they cannot replicate the entire user experience as they own very little beyond the hardware.

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