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Exploring the Feasibility of NFC for Mobile Transactions and the Importance of Software in Adoption
This chapter delves into the concept of using second signers connected with NFC for mobile transactions. The hosts discuss their experiences with different cards and an NFC ring for transaction confirmation, while also addressing the challenges and costs associated with implementing this solution on a large scale. They emphasize the importance of software-based approaches to make transactions more affordable and accessible, suggesting the use of counter abstraction to ensure compatibility with Ethereum signatures and eliminate the need for additional hardware devices.