Duration: 6:01

3,368 views

14

Over the past two years, a battle has been brewing about which party should control the secure element in a smartphone. The wireless carriers want security put on a SIM chip, while the smartphone and mobile operating system makers, including Google, want the security information stored on an NFC chip or embedded within a separate chip.

Laurent Renard CEO of Toro, an NFC service provider, weighs in on the state of the industry and gives his insight into how this batte will turn out.