NFC To Likely Suffer The Same Hurdles As RFID

Near Field Communication (NFC) is running into the exact same kind of tech hurdles that has slowed down RFID, according to a new report from the Venture Development Corp., which cited a lack of supporting infrastructure, standards problems and a "complex ecoysystem of stakeholders."

VDC "believes that NFC may take root first in niche vertical applications rather than hypervolume consumer applications like contactless payment," said this RFID Update story.