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Technology Stocks : Frank Coluccio Technology Forum - ASAP
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To: Frank A. Coluccio who wrote (474)11/25/1999 9:36:00 PM
From: Lazarus  Read Replies (2) of 1782
 
Actually...I dont believe it will be an ATM card per se...

We will have instead Smart Cards. The smart cards will contain a lot of info on them.

Of course it doesnt have to be called a "Smart Card" because the chip in the Smart Cards can be on any card...and the card of preference would probably be our drivers license.

With these cards we will likely have all our relevant ID including facial image and fingerprints.

They may also carry other important information such as vital medical info etc.

On the financial side...we would probably have whatever bank accounts we want to be able to access on them. Instead of going to the bank to buy Traveler's Checks for a trip...you would simply debit your account and download funds into your Smart Card. You would put it in a machine like you do with ATM card ... at the airport, supermarket, or whatever...but instead of a pin...you will place your finger on a reader that will identify you positively as the owner of the card.

You will never have to worry about your PIN being stolen...a desperate person, however, might want to cut off your fingers ;)

Here are a couple of biometric companies to keep an eye on:

VISG
AFIS

and this one...now trading on the pinks: APRE
I am compensated for PR for APRE [5k cash and 200k restricted shares]

Lazarus

see full disclaimer at smallpotatoes.net
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