iPhone 5 will feature NFC?

iOS was once upon a time called iPhone OS, or "operating system", which is the software that provides all the basic device functionality and is the interface between the hardware and applications. iOS was introduced with the iPhone on January 9 2007, and it was originally not intended to be programmable by third parties. Steve Jobs had envisioned that developers could create Web Apps that would run in the browser. This changed less than one year after when the iPhone SDK (software development kit) was introduced in October 2007. Today, hundreds of thousands of apps have been created for this platform. iPhone OS became iOS on June 2010. Interestingly, both iPhone and iOS were former trademarks of Cisco, that Apple now uses under a license. 

NFC stands for Near Field Communication, which is a standard for low-speed wireless short range communications between electronic devices. Popular applications of NFC are public transportation passes and some form of electronic wallet, but many more applications remains to be tested and implemented. NFC is a cousin of RFID and uses some of the same communications protocols.