Smart Cards essays

Smart Cards essays Gemplus is maintaining its industry and staying focused on its research efforts. Gemplus employs over 160 engineers in the development of this smart card. Gemplus has recognized the benefits of there research. Gemplus has also researched with various groups such as the British Library, the open University of the Netherlands and Bureau van Dijk management consultants of Belgium to apply the smart card technology for the protection of intellectual property rights. Gemplus has helped us in our efforts to succeed in the development of the Smart card. Smart Card is a new wallet-sized plastic card, manufactured to ISO standards, with embedded microchip. This new card is able to process data, such as user identification codes, at a transaction site. The smart card holds memory it is a microprocessor card, intelligent card with greater data storage and processing capabilities, allowing certain information to be programmed over and over during the usage period. The smart card also has the capability with contactless cards, the newest area of car development, these cards can transmit data without physically being connected to a card reader. Gemplus is the world leader in the production of this conventional plastic card. Smart Card is a credit card with a brain in it. Through our hard work we have made a smart card that has human like intuitions embedded in a small microchip. This card can be programmed to perform tasks and store information, but note the brain is little-meaning that the smart cards power doesnt compare to that of a computer. I know many of you are wondering how is this possible. How can a card be money with a brain? The basic gist is that banks and customers would have public-key encryption keys. Public-keys come in pairs. A private key is known only to the owner for security purposes the signature is for identification purposes. It can also be used for money orders using a private key and cust ...