Re: floppy drive SCRs (was IP: Smart Cards with Chips encouraged)

1999-09-23 Thread Rachel Willmer
I predict the floppy smart card reader will be a dumb flop. Here's why: Here's another one. These things are driven from watch batteries, rather than from the computer's mains power. There is at least one digital cash smartcard which draws sufficient power that the battery life just isn't up

Re: Why smartcards? (was IP: Smart Cards with Chips encouraged)

1999-09-23 Thread Rachel Willmer
Arnold Reinhold wrote: And what is the value proposition for the consumer? SSL works swell. This is true iff : (1) the consumer is an adult who has a credit card (2) the consumer is content that the transaction is traceable through their credit card statement (3) the consumer is happy to

Re: IP: Smart Cards with Chips encouraged

1999-09-21 Thread Steven M. Bellovin
In message v04210104b40d7088a106@[24.218.56.100], Arnold Reinhold writes: And what is the value proposition for the consumer? SSL works swell. Bingo. Consumers will adopt this if and only if cost savings are passed on to them, which in turn can only happen if the credit card companies (a)

IP: Smart Cards with Chips encouraged

1999-09-20 Thread Robert Hettinga
I remember Ian, Adam, someone else and I talking about the card-in-a-floppy thing at CFP '96. Soulda, woulda, coulda, and all that... Cheers, RAH --- begin forwarded text From: [EMAIL PROTECTED] Date: Mon, 20 Sep 1999 08:50:44 -0500 To: [EMAIL PROTECTED] Subject: IP: Smart Cards with Chips