Wave will provide the TCG compliant infrastructure for mobiles, client and server tools to facilitate attestation/authentication.
On single chip mobile devices the TPM is a software instantiation in the secure portion of the processor (TrustZone) and Trusted Logic's "Secure Container"
Wave is foremost in the business to life cycle manage the keys. And wherever TPMs are used there is the need for a comprehensive trust infrastructure.
As time goes on you will see the mobile phone gain more and more importance as your primary authentication and payment device. And all this stuff requires a secure execution environment, i.e. TrustZone security extension.
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