16-08-2011, 04:08 PM
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Money Pad, The Future Wallet
Keywords
Introduction
Biometrics.
Security.
Finger Print recognition.
Forms.
Accessing.
Authorization.
E-cash.
E-cheque.
Credit and Debit Card
Definition`
Providing details.
Transactions over Internet.
Processing.
Smartcards
Electronic Purses
Flexibility.
Relation ship based cards.
Financial instrument.
Wallet-sized smart cards useful in
Buying food,
To making photocopies,
To paying subway fares.
Money Pad
Floppy disk.
Consists of peripherals like:
A touch sensor and
Magnetic disk as its peripherals.
Details of the owner.
Transactions.
Why use Money pad?
Instant clearing of funds
Avoids the insecure way of carrying money
Provides strong security
Can be meet by a common man
Avoids the nuisance of renewing
Design of the system
Fields Of Application
Applicable in e-banks and in any kind of e-transactions
Can be used to carry out remote transactions
Useful to carry Digital cash
Utilization of personal data in filling order forms
Applicable in m-commerce transactions
Applicable in daily life
Conclusion
For a digital currency system to attain widespread recognition and use the following three requirements are necessary:
1. Instant clearing of funds
2. Elimination of payment risk
3. Secure transactions using strong encryption
Since the Money Pad aims to satisfy the above conditions there is no doubt that in near future it will be widely recommended for use .
Money Pad, The Future Wallet
Keywords
Introduction
Biometrics.
Security.
Finger Print recognition.
Forms.
Accessing.
Authorization.
E-cash.
E-cheque.
Credit and Debit Card
Definition`
Providing details.
Transactions over Internet.
Processing.
Smartcards
Electronic Purses
Flexibility.
Relation ship based cards.
Financial instrument.
Wallet-sized smart cards useful in
Buying food,
To making photocopies,
To paying subway fares.
Money Pad
Floppy disk.
Consists of peripherals like:
A touch sensor and
Magnetic disk as its peripherals.
Details of the owner.
Transactions.
Why use Money pad?
Instant clearing of funds
Avoids the insecure way of carrying money
Provides strong security
Can be meet by a common man
Avoids the nuisance of renewing
Design of the system
Fields Of Application
Applicable in e-banks and in any kind of e-transactions
Can be used to carry out remote transactions
Useful to carry Digital cash
Utilization of personal data in filling order forms
Applicable in m-commerce transactions
Applicable in daily life
Conclusion
For a digital currency system to attain widespread recognition and use the following three requirements are necessary:
1. Instant clearing of funds
2. Elimination of payment risk
3. Secure transactions using strong encryption
Since the Money Pad aims to satisfy the above conditions there is no doubt that in near future it will be widely recommended for use .