Word: cards
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Dates: during 1990-1999
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Cash is already headed for a whole new dimension. MasterCard, for example, has invested millions in the development of an E-cash system called Mondex. Smart Mondex cards have tiny embedded microchips that can store not only electronic dollars but also five other types of currency, an abbreviated medical history and even a personalized electronic "key" that can open everything from your apartment to your office. Says Henry Mundt, MasterCard executive vice president for global access: "The chip that we are putting on the card now will form the platform for the ultimate in remote access for consumers to their...
...balancing the checkbook at the end of the month, and it gives you the option of transferring the money from wherever you want: mutual fund, money market, even an old-fashioned checking account. Your daughter can store the money any way she wants--on her laptop, on a debit card, even (in the not too distant future) on a chip implanted under her skin. And, perhaps best of all, you can program the money to be spent only in specific ways. You might instruct some of the digits to go for books, some for food and some for movies. Unless...
...your white pseudo-ID card. It doesn't do anything. It only looks cool to you and your friends at home. Don't expect to stop traffic (or open a door) flashing that worthless crap...
...they can make less strenuously than by being on Dorm Crew. Being a subject is also a fast and easy way to balance out a limited (or absent) source of income. Brent D. Zettel '01 explains, "Basically, I need some cash flow. I got spanked by my last credit card bill, and these experiments are a fun way to earn it back." And what exactly is Zettel expected to do? "For one of them it says I sleep in their sleep lab for a night, and they wake me up a couple of times and ask me some questions...
...Winthrop resident reports that an unknown person took $100 from her ATM account. She says she either dropped her card or someone took it when she wasn't looking...