Latest NFC News

  • Austrian gin makers to use blockchain to guarantee bottles' rarity
    Austrian gin makers to use blockchain to guarantee bottles' rarity
    The world of fine spirits continues to apply distributed ledger technology. The Stin, an Austrian-based gin distiller, is set to use ICON (ICX), South Korea’s largest public blockchain project, to transparently track its supply chain. An Austrian blockchain firm, block42, will be combining near-field communication (NFC) technology with the ICON blockchain to maximize the security of the tracking system. NFC chips and devices function as electronic identity documents and keycards and are currently used in contactless payment systems and mobile payments services that replace credit cards. For The Stin's supply chain, block42 will be fitting 999 bottles of the distiller’s limited-edition gin with crypto-enabled NFC chips.
  • Stablecoin Adoption Skyrockets in Rural South Korean Province
    Stablecoin Adoption Skyrockets in Rural South Korean Province
    A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption. South Korea’s Buyeo County, located in the rural province of South Chungcheong, has been witnessing strong interest in a local blockchain-powered stablecoin since its creation in early 2019. According to a report published by Donga, most of the county’s population is made up of elderly residents.
  • Roger Ver Says Twitter Blocking His Tweets About BCH
    Roger Ver Says Twitter Blocking His Tweets About BCH
    Roger Ver says Twitter seems to be blocking tweets about non-state issued money. Bitcoin.com founder Roger Ver says Twitter seems to be blocking him from sending tweets about non-state issued money.  Ver said he was trying to send tweets about instant near-field communication, or NFC, payments for Bitcoin Cash (BCH) and Simple Ledger Protocol (SLP) tokens from be.cash but was unable to.  It seems Twitter is blocking me from sending certain tweets promoting non state issued money.
  • Gemini Unveils Hardware Key Compatibility on Mobile App
    Gemini Unveils Hardware Key Compatibility on Mobile App
    US-based exchange Gemini announced hardware key compatibility for its mobile application, bolstering security capabilities for customers. Gemini revealed hardware security key functionality for its mobile application, giving customers compatibility with devices such as YubiKey for added security.  Thanks to WebAuthn compatibility on Gemini's app, iOS and Android "Gemini customers can now use USB and near-field communication, or NFC, security keys to securely sign into the Gemini Mobile App," the exchange said Tuesday in a statement provided to Cointelegraph.  The addition bolsters two-factor authentication  Two-factor authentication, or 2FA, allows for added security beyond a simple website password login.
  • Contactless NFC Hardware Wallet Authorizes Crypto Transactions With a Tap
    Contactless NFC Hardware Wallet Authorizes Crypto Transactions With a Tap
    A new cryptocurrency hardware wallet stores private keys securely and fully isolated, while NFC technology enables authorization of transactions through a mobile device. Keycard is a new credit-card sized hardware wallet featuring near-field communication (NFC) to authorize cryptocurrency transactions.