The “i” in the next iPhone will stand for “identity.”
When people hear rumors and read about Apple’s patents for NFC, they think: “Oh, good, the iPhone will be a digital wallet.”
When they hear rumors about fingerprint scanning and remember that Apple bought the leading maker of such scanners, they think: “Oh, good, the iPhone will be more secure.”
But nobody is thinking different about this combination. Everybody is thinking way too small.
I believe Apple sees the NFC chip and fingerprint scanner as part of a Grand Strategy: To use the iPhone as the solution to the digital identity problem.
NFC plus biometric security plus bullet-proof encryption deployed at iPhone-scale adds up to the death of passwords, credit cards, security badges, identity theft and waiting in line.
