12.4.1. "What are smart cards and how are they used?"
+ Most smart cards as they now exist are very far from being
the anonymous digital cash of primary interest to us. In
fact, most of them are just glorified credit cards.
- with no gain to consumers, since consumes typically don't
pay for losses by fraud
- (so to entice consumes, will they offer inducements?)
- Can be either small computers, typically credit-card-sized,
or just cards that control access via local computers.
+ Tamper-resistant modules, e.g., if tampered with, they
destroy the important data or at the least give evidence of
having been tampered with.
+ Security of manufacturing
- some variant of "cut-and-choose" inspection of
premises
+ Uses of smart cards
- conventional credit card uses
- bill payment
- postage
- bridge and road tolls
- payments for items received electronically (not
necessarily anonymously)
12.4.2. Visa Electronic Purse
12.4.3. Mondex
By Tim May, see README
HTML by Jonathan Rochkind