Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will smart cards be used in electronic commerce?

0
Posted

How will smart cards be used in electronic commerce?

0

Smart cards are an excellent medium for carrying password-protected personal data. Private information such as medical records or secret crypto keys can be stored on a card in a form accessible only to the card carrier. In addition, smart cards can store value. Card carriers can decide who to share data with and who to transact business with and use their cards only with those vendors they choose to trust. The most common form of smart card for commerce is the register-based stored-value card. Somewhat ironically, one of the most unfortunate consequence of this kind of smart card is that secret keys on the card are known only to the issuing bank and *must remain secret from the owner*. If the card owner can somehow retrieve a secret key, then they can mint electronic cash. Card Java may enhance smart card security, or maybe not One of the biggest problems in Java security is figuring out how to preserve type safety while at the same time allowing dynamic class loading. If you can confu

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123