Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Money pad

2,932 views

Published on

Money Pad the future wallet

Published in: Education
  • Be the first to comment

Money pad

  1. 1. Money Pad, The Future Wallet By, V.Umesh Kumar
  2. 2. Keywords Introduction Credit and Debit cards Smart cards Electronic purses Money pad Uses Design of the system Field of implementation Conclusion.
  3. 3. Introduction Biometrics. Security. Finger Print recognition. Forms. Accessing. Authorization. E-cash. E-cheque.
  4. 4. Credit and Debit Card Definition` Providing details. Transactions over Internet. Processing.
  5. 5. Smartcards Definition Uses. Memory. Accessing.
  6. 6. Electronic Purses Flexibility. Relation ship based cards. Financial instrument. Wallet-sized smart cards useful in Buying food, To making photocopies, To paying subway fares.
  7. 7. Money Pad Floppy disk. Consists of peripherals like: A touch sensor and Magnetic disk as its peripherals. Details of the owner. Transactions.
  8. 8. Why use Money pad? Instant clearing of funds Avoids the insecure way of carrying money Provides strong security Can be meet by a common man Avoids the nuisance of renewing
  9. 9. Design of the system
  10. 10.  The accuracy of any biometric system is measured in two ways • False Acceptance Rate — Where an impostor is accepted as a match • False Rejection Rate — where a legitimate match is denied access
  11. 11. Fields Of Application Applicable in e-banks and in any kind of e-transactions Can be used to carry out remote transactions Useful to carry Digital cash Utilization of personal data in filling order forms Applicable in m-commerce transactions Applicable in daily life
  12. 12. Conclusion For a digital currency system to attain widespread recognition and use the following three requirements are necessary:1. Instant clearing of funds2. Elimination of payment risk3. Secure transactions using strong encryption Since the Money Pad aims to satisfy the above conditions there is no doubt that in near future it will be widely recommended for use .
  13. 13. Thank You

×