13-03-2011, 08:40 PM
hiii im roja...plz mail me complete documentation on money pad to my email rojabollu[at]gmail.com
13-03-2011, 08:40 PM
hiii im roja...plz mail me complete documentation on money pad to my email rojabollu[at]gmail.com
07-02-2012, 10:34 AM
to get information about the topic money pad full report,ppt and related topic refer the link bellow
https://seminarproject.net/Thread-mo...ure-wallet https://seminarproject.net/Thread-mo...let?page=4 https://seminarproject.net/Thread-mo...3#pid23793 https://seminarproject.net/Thread-mo...?pid=20918 https://seminarproject.net/Thread-mo...llet--5974 https://seminarproject.net/Thread-mo...llet--6940 https://seminarproject.net/Thread-mo...let--12744
16-09-2012, 05:06 PM
please give me a seminar report and ppt
my topic is "money pad the future wallet" please give in short time of period
23-02-2013, 11:33 AM
Seminar report on Money pad
Money pad.doc (Size: 57.5 KB / Downloads: 23) Abstract: "Money in the 21st century will surely prove to be as different from the money of the current century as our money is from that of the previous century. Just as fiat money replaced specie-backed paper currencies, electronically initiated debits and credits will become the dominant payment modes, creating the potential for private money to compete with government-issued currencies." Just as every thing is getting under the shadow of “e” today we have paper currency being replaced by electronic money or e-cash. Hardly a day goes by without some mention in the financial press of new developments in "electronic money". In the emerging field of electronic commerce, novel buzzwords like smart cards, online banking, digital cash, and electronic checks are being used to discuss money. But how are these brand-new forms of payment secure? And most importantly, which of these emerging secure electronic money technologies will survive into the next century? These are some of the tough questions to answer but here’s a solution, which provides a form of security to these modes of currency exchange using the “Biometrics Technology”. The Money Pad introduced here uses the biometrics technology for Finger Print recognition. Money Pad is a form of credit card or smartcard, which we name so. Every time the user wants to access the Money Pad he has to make an impression of his fingers which will be scanned and matched with the one in the hard disk of data base server. If the finger print matches with the user’s he will be allowed to access and use the Pad other wise the Money Pad is not accessible. Thus providing a form of security to the ever-lasting transaction currency of the future “e-cash”. Introduction: The 21st century will not be "cashless", as many now predict. However, it does seem clear that the currency of the 21st century will be "paperless". Paper currency and checks are gradually being supplanted by smartcards, digital cash and instant transfers of funds. The large paper bureaucracy of banks is quickly becoming redundant, burdensome, even antiquated. The evolution in digital money is happening so fast that banks cannot adopt quickly enough and will eventually collapse like top-heavy giants, blown over by the winds of financial change. Maybe, or may not be, but one trend is already clear. Basic Of The Present System: Presently due to the usage of computers in almost all the fields the demand for the utilization of Electronic Money have been increased. Payments made today in nearly all of the deposit currencies in the world's banking systems are handled electronically through a series of interbank computer networks. Credit cards and smartcards are widely used to enter into these interbank computer networks in order to perform transactions. These are the popular medium widely existing as a recent medium of currency in the e-cash scenario. The mode of usage and the security provided by these currency mediums are as follows. Credit Card: Credit cards are payment devices that allow the consumer to make purchases within certain guaranteed limits as defined by the issuer of the card. To use a credit card in most cases it is sufficient to present the merchant with the card number and the cardholder's name and expiration date of the card. These data can be conveniently transmitted over the Internet. Furthermore, credit cards process funds by electronic means. The user has to swap the card in the card reader machine then the machine asks for authentication information like secret password etc. Later the user is allowed to perform the transaction. These credit cards have several disadvantages like, Disadvantages: Instant clearing of funds is not possible. User is always under the pressure of limits on purchase defined by the issuer of the card and also every transaction involves certain charges. Insecure transactions using fixed encryption. The card has to be renewed once it is expired. Conclusion: For a digital currency system to attain widespread recognition and use the following three requirements are necessary: 1. Instant clearing of funds 2. Elimination of payment risk 3. 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. Once the Money Pad is implemented it has a wide scope. Though at present we may use finger print reader to access the digi-cash in the near future the device can be automated into Mobile phone, Watches, Hand held devises, as well as WAP devices. In future when internet is going to capture the world there is no requirement of any card or pad just a small device which can recognise the finger print can be attached at any place throughout the world. Thus requiring no device to carry money, just a man is required to access digi-cash and proving “Man As Money”. At last since Thumb Impression is going to provide a strong base for security in the future we can predict that “History Repeats”. |
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