Mondex Electronic Cash

The smartcard is a processing platform ＆ a store or data it can perform calculations and run programs It contains its own memory (RAM), storage (ROM and EEPROM). and (Central Processing Unit) CPU like a PC If it had its own power supply. keyboard and screen. it would be a fully independent computer Requires an Interface Device (IFD) to supply the power and provide suitable input and display mechanisms. Some examples of IFDs are: point of sale terminal(POS) telephone ATM etc.(omitted)