CURRENT AFFAIRS

Detailed explanation-1: -Smart cards are equipped with tamper-resistant microprocessors that can store authentication data. They can be used in various electronic processes, including authentication, access control, sensitive data encryption and personal identification.

Detailed explanation-2: -Smart cards can provide personal identification, authentication, data storage, and application processing. Applications include identification, financial, mobile phones (SIM), public transit, computer security, schools, and healthcare.

Detailed explanation-3: -In the card reader, the contact pad comes in contact with the reader and carries out the processing. Thus it helps you in transactions via POS (point of sale) or another medium to carry out transactions. However, there are two types of cards-contact and contactless cards.

Detailed explanation-4: -A smart card is a device that includes an embedded integrated circuit chip (ICC) that can be either a secure microcontroller or equivalent intelligence with internal memory or a memory chip alone. The card connects to a reader with direct physical contact or with a remote contactless radio frequency interface.