The smart card is one of the latest additions to the world of Information Technology. Similar in size to today's plastic payment card, the smart card has a microprocessor or memory chip embedded in it. This chip stores and processes electronic data and programs that are protected by advanced security features.
The smart card has the processing power to serve many different applications. As an access-control device, smart cards make personal and business data available only to the appropriate users. Another application provides users with the ability to make a purchase or exchange value. Smart cards provide data portability, security and convenience.
Smart Cards are set to invade almost every sphere of life:
Banking & Finance
Transportation
Telecommunications
Administration
Health care
Education
Insurance
Shopping & electronic payments
E-commerce & Internet based services
Access Control & Security
The list of potential applications for smartcard technology is endloess...
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