The Smart Card basically is a kind of chip card, it is a card made of plastic that contains a computer chip embedded, and it can be either a type of microprocessor or memory, which stores and executes information. The information is typically related with data, value or both and is processed and stored inside the chip of card. The card information is executed by means of a reader that is a segment of a system used for computing of data. The systems that are upgraded with the smart cards are being used today all through a number of key applications, including banking, healthcare, transportation and entertainment. All the applications can profit by the additional highlights and security that is provided by the smart cards. As per market research by Eurosmart, the global market of smart cards will grow extensively. The market that has been generally served by various cards that are machine readable advancements, for example, magnetic strips and barcodes, are changing over to smart cards as the return on investment is returned to by each card user quite a long time.
Smart Card Advantages
Smart Card has wide range of applications some of them are as listed below;
- Reconfiguration process may be quick
- The smart card is reusable as it can be reconfigured
- Transactions through them are secure
- Offers greater security
- More dependable and intense
- Allows various arrangements to be saved in a single card
Areas of Utilization
- Physical Access
The smart cards are allocated to employees and students from the organization and university to get access to various locations within that facility like the stores, cafeteria, etc.
- SIM Cards and Telecommunication
The smart card fins a wide application in Subscriber Identity Modules (SIM), which uses it for storing the unique identification number to manage privileges and rights of users.
- Enterprise and Network Security
Various organizations have intentions of replacing the password an id with smartcards.
- Loyalty and Stored Value
Another utilization of smart cards is the stored value, especially for loyalty programs, that trace and give motivations to rehash clients.
- Embedded Medical Device Control
In Healthcare, smart cards guarantee the best and most secure conveyance of care in gadgets, like the blood analyzers, dialysis machines and laser eye medical procedure hardware.
- Securing Digital Content and Physical Assets
The smart cards can guarantee more noteworthy security of equipment and services by limiting access to just the authorized personals.
Smart cards find use in e-commerce for safely storing cash and information for the purchasing purpose.
- Healthcare Informatics
Smart cars used in healthcare fulfill the criteria of storing and distributing the information of patient during emergency.
- Bank Issued Smart Cards
Banks across the globe use smart cards under the Europay, MasterCard, VISA (EMV) standard that facilitates customers to handle cash requirement.