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by tamimio 1046 days ago
> nothing that requires an end-user to understand PKI

None is needed, how hard it’s for a bank handing over physical tokens to the customers when they open an account or mailing them to existing ones?

- You can loose them? Sure, just like any smartphone or even government ID, but the process after to replace is what will make you careful next time.

- They can be stolen? Same as above

- They can be used in banks or even for online banking, just tap it with your NFC enabled phone (yubico is an example)

- They can be used by someone else? Sure, just like your phone.

- However, no sim-swap attacks or similar, so in theory it’s better given no negligence from the users which is always the biggest risk anyway, but overall it’s an improvement.

>and also would not impede a lawful (and for the purposes of this conversation: ethically necessary) police wiretap.

Why would the police wiretap a banking verification, they can wiretap the transaction at the banks if they are legally authorized.

1 comments

Hmm, imagine if banks already gave you NFC capable cards and our phones... that would make the process a lot easier.

(yes, i'm talking about every modern..ish credit and debit card)