????????????????????????????? Money Pad-The Future Wallet
"Money in the 21st century will surely prove to be as different from the money of the currentcentury as our money is from that of the previous century. Just as fiat money replaced specie-backed paper currencies, electronically initiated debits and credits will become the dominantpayment modes, creating the potential for private money to compete with government-issuedcurrencies." Just as everything is getting under the shadow of "e" today we have paper currency being replaced by electronic money or e-cash .
In the emerging field of electronic commerce, novel buzzwords like smartcards, onlinebanking, digital cash, and electronic checks are being used to discuss money. But how arethese brand-new forms of payment, secure? And most importantly, which of these emergingsecure electronic money technologies will survive into the next century?
Here's a solution, which provides a form of security to these modes of currency exchangeusing the "Biometrics Technology". The Money Pad introduced here uses the biometricstechnology for Finger Print recognition.
Every time the user wants to access the Money Pad he has to make an impression of hisfingers which will be scanned and matched with the one in the hard disk of data base server.If the finger print matches with the user's he will be allowed to access and use the Padotherwise the Money Pad is not accessible. Thus providing a form of security to the ever-lasting transaction currency of the future "e-cash".
Money Pad - A form of credit card or smart card similar to floppy disk, which is introducedto provide, secure e-cash transactions.
Download your Reports for Money Pad
Advertisement