Smart Card

A smart card normally refers to a card with a microprocessor and memory. The cost of each card rangs from $2 to $10. Vendors guarantee 10,000 read/write cycles. The operating system on the chip is called COS (Chip Operating System). The capacity of EEPROM is about 8K to 128K bit. ISO 7816 limits contact cards to an 9600 baud transimission rate. A card transaction can often finish in one or two seconds. Older version cards use 8-bit micro-controller up to 16 MHZ. Current trend is toward a 32-bit RISC processor running at 25 to 32MHZ. The power supply is 5V DC. A card reader terminal provides a asynchronous clock, a serial interface, and a 5V power supply. Each card reader costs $100-$250 for low volume orders. ISO 7816 serials define the standard for smart cards. ISO 7816-8 governs security related inter-industry commands. It is still in progress. No standard COS has been defined.

Current obstacles include relatively higher cost compared to magnetic stripe card, present lack of infrastructure, proprietary nature of COS, lack of standards to ensure interoperability among smart card programs, and unresolved legal and policy issues.

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