Bill Frantz wrote: > [I always considered the biggest contribution from Mondex was the idea of > deposit-only purses, which might reduce the incentive to rob late-night > business.]
This was more than just a side effect, it was also the genesis of the earliest successes with smart card money. The first smart card money system in the Netherlands was a service-station system for selling fuel to truck drivers. As security costs kept on rising, due to constant hold-ups, the smart card system was put in to create stations that had no money on hand, so no need for guards or even tellers. This absence of night time staff created a great cost saving, and the programme was a big success. Unfortunately, the early lessons were lost as time went on, and attention switched from single-purpose to multi-purpose applications. iang --------------------------------------------------------------------- The Cryptography Mailing List Unsubscribe by sending "unsubscribe cryptography" to [EMAIL PROTECTED]