SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : CDN. MOMO PUPPIES
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lola who wrote (17613)12/28/1999 11:31:00 PM
From: KodiakBear  Read Replies (1) of 36688
 
Mondex was tested in Guelph Ontario. It failed because people couldn't figure out why they should take money out of their bank account and put it into a card that they can lose if they lose their wallet. Especially when they can use their debit cards the same way and keep their $ in their bank accounts.
The banks say they WILL go ahead with MOndex anyways but of interest is that in March of 1997 an article I read in Science Life stated that the rolling encription security code for smart cards could be broken by implanting an error and watching how it progresses....in other words you can create undetectable electronic counterfeit money on a card that people don't trust to begin with.I don't see why they should succeed at all but the Big Banks say they will push it ahead anyway...I don't know That's my measly two cents worth, just to try to contribute to the thread. Hope all of yha are well...snoog
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News