appMobi (www.appmobi.com) today unveiled its secure cloudKey™ authentication technology, and announced cloudKey's immediate integration into appMobi's 1Touch "single touch" payment system. 1Touch with cloudKey is ready for use by Web and mobile app developers who seek to offer their users a highly secure and streamlined e-commerce experience. A 1Touch demonstration is available at http://www.appmobi.com/1Touch.
The user’s credit card information is stored, encrypted, only on the user's device, never in an online database. Using a “distributed key” topology, cloudKey stores in the cloud only the decryption keys – information that is valueless without the user’s device and password.