Compared to conventional data transmission devices such as magnetic-stripe cards, smart cards offer enhanced security, convenience and economic benefits. In addition, smart card-based systems are highly configurable to suit individual needs. Finally, the multi functionality as
payment, application and networking devices renders a smart card as a perfect user interface in a mobile, networked economy.
Security
Smart cards incorporate encryption and authentication technologies that can implement issuer's and user's requirements for the highest degree of security. Using encryption, contents and data can be securely transferred via wired and wireless networks. …