Part one of term paper
are transforming business around the world from reducing fraud and opening up on-line transactions in banking, personalizing services for mobile phone users, to securing access to PCs and corporate networks, and speeding transportation by using electronic ticketing. The most common uses of today are: banking and retail, mo-bile communicatio ...

Part two of term paper
... valuable services for their customers. give an ability to deploy and manage multiple ap-plications on a wallet-size plastic card. Smart card technology also prom-ises to resolve the security problems through a better methods of protec-tion against theft and fraud. Here is a small list of advantages that are supposed to pro-vide: · can be used as credit, direct debit, or stored value cards. · Reduce fraud, due to the difficulty of counterfeiting the microchip, and due to the mutual authentica ...