1. What’s Smart card
A smart card is any pocket-sized card with embedded integrated circuits. It may also provide strong security authentication for single sign-on (SSO) within large organizations.
Smart cards can provide identification, authentication, data storage and application processing.The benefits of smart cards are directly related to the volume of information and applications that are programmed for use on a card. The benefits of smart cards are directly related to the volume of information and applications that are programmed for use on a card. A single contact/contactless smart card can be programmed with multiple banking credentials, medical entitlement, driver’s license/public transport entitlement, loyalty programs and club memberships to name just a few. Multi-factor and proximity authentication can and has been embedded into smart cards to increase the security of all services on the card. For example, a smart card can be programed to only allow a contactless transaction if it is also within range of another device like a uniquely paired mobile phone. This can significantly increase the security of the smart card. (continue reading…)