A smart card is a type of technology that embeds data into a plastic card that resembles a prestige card. The smart card any way is very distinct from the suitable prestige card that has a magnetic stripe on one side. The big contrast between the two types of card is that the smart card legitimately contains a microprocessor chip that can store and process data. It is in fact a small computer.
Another big contrast between today's prestige and debit cards and smart cards is that you will only need one smart card for all of your accounts. A single card could for example include any distinct prestige and debit cards from distinct banks (assuming the banks can agree on card standards), as well as personal data like your blood type and allergies.
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Smart cards are a very beloved technology in Europe, where people use them for banking and condition insurance among other applications. The first smart cards were used as a way for people to pay for phone calls. Now they have progressed to more overall uses. Dream having a card that contains all of your condition records? You would never have to fill out a doctor's form again answering all of those questions because your doctor would have perfect passage to your records through the smart card technology.
Smart cards are currently being used to buy things on the internet, pay for bus, train and subway tickets, buy parking meter time, use it for banking identification, store loyalty programs, and for production gas purchases at gas stations. There are many more possibilities for how the smart card can be used. any way smart cards are not widely used in North America, but it looks as if that might be changing. Point of sales systems - Pos - in Canada and the Us have already made changes to adapt debit cards. The next step will be to include the potential to process smart cards.
Security is always an issue where prestige cards are concerned. Although the smart card contains a lot of personal information it is much more get than a straightforward prestige card. The magnetic strip coding on a prestige card is just not a get way to encode information. Criminals can legitimately get equipment that allows them to read, convert and delete the information contained in the magnetic stripe. The smart card on the other hand is password protected. In fact you can have complicated passwords for distinct uses of the same card.
Because the smart card has a microprocessor, it can store and process a lot of information. There are no limits to the possible uses for the smart card. It can be used as a means of government identification, as a prestige card or an Atm card, security passage and systems, wireless communications and many other applications.
Get Smart! - An Introduction to Smart Cardsmagnetic encoder