Las Vegas – January 4, 2017 – NXP Semiconductors NV (NASDAQ: NXPI) today announced a new test bed for a wide range of security services on wearables and other connected devices. Drive innovation. The test bed supports the use of embedded secure element (eSE) technology for product and application development, which also demonstrates NXP's long-term commitment to invest in the development of secure payment, transportation, authentication and other services for connected devices in the future. In addition to pure integrated circuit development, entrepreneurial partners and major brand manufacturers are striving to accelerate the time-to-market of wearable innovative products and provide differentiated solutions for customers. The solution developed by NXP partners Palago and uConekt Inc. is the result of this test bench.
The Swedish company Palago is committed to using wearable technology to enable multiple contactless transactions while providing a higher level of trust and security. uConektuBoltTM from Canadian company uConekt is a tamper-proof wearable bracelet device that uses NXP's secure components to store and protect personal identities, private credentials and other sensitive information. uBolt uses fingerprint and voice biometrics to provide multi-factor authentication that easily meets user needs while combining mobile applications for secure access control, payment and other applications. uBolt also won the CES 2017 Best Innovation Award.
Vincent Ramoutarg, founder and CEO of uConekt, said: "NXP offers market-leading embedded secure component solutions that enable our uBolt solutions to provide personal identity protection and portability while ensuring secure ID verification. These features can be achieved with a convenient wearable device without relying on a mobile phone or tablet. By working with NXP, we can ensure the use of industry-proven hardware and software, while NXP is a chip supplier. Leading the complex ecosystem of service providers, network operators, financial institutions and OEMs helps us build the necessary partnerships to accelerate the time-to-market of competitive products."
Charles Dachs, vice president of NXP's mobile trading product line, said: “Palago and uConekt have created exciting wearable applications that enhance the value of NXP's incubator model for developing and delivering new solutions. NXP also works with Collaborative companies in the payment industry are collaborating, and there is no doubt that contactless payments and many other applications are becoming the new standard through connected devices, as consumers are keen on the speed and convenience of 'inductive payment' technology. NXP's The eSE solution is at the heart of these emerging applications, and our solutions are trusted by payment card issuers, manufacturers, and end users to provide the highest level of data protection and encryption."
NXP leads the key R&D efforts to promote the adoption of secure NFC technology and has partnered with the external independent design studio MobileKnowledge. MobileKnowledge founder and CEO Pedro MarTInez said: "The integration of contactless security applications with wearable devices has brought new and significant business opportunities to hardware and service providers. We are honored to accelerate the development of this market, Contributing to the optimization of system solutions and the widespread application of new cost-effective security supply platforms."
NXP's eSE solutions provide advanced security features that help ensure the security of consumer data and privacy for data without relying on any external third parties. These complementary Security Services Development Platforms (SSDPs) are packaged by MobileKnowledge, providing developers with a range of hardware tools and software modules for a more mature integration process to quickly build, test and validate embedded in the PN66T. Application of secure component solutions. As part of the SSDP suite, NXP's loader service is an easy-to-use design resource that allows secure NFC payments and other applications to be deployed very easily on wearable devices, just like standards such as GPS, Bluetooth or Wi-Fi The technology is like any mobile app.
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