Word: theftproof
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Dates: during 2000-2009
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...number had been stolen and used for exorbitant calls to Central America and Asia?he decided he'd had enough. To put an end to swiped identities and pilfered credit cards, he and IBM engineer Franco Motika set about developing a new generation of smart cards. The recently patented, theftproof card contains a computer chip and features a tiny numerical keypad right on its face. The cardholder inputs a PIN, stored directly in the card's circuitry; the same code must be entered before each use. The PIN turns the card on and generates a unique one-time-only transaction...
...been stolen and used for exorbitantly priced calls to Central America and Asia - he decided he'd had enough. To put an end to swiped identities and pilfered credit cards, he and IBM engineer Franco Motika set about developing a new generation of smart cards. The recently patented, theftproof card contains a computer chip and features a tiny numerical keypad right on its face. The cardholder inputs a PIN, stored directly in the card's circuitry; the same code must be entered before each use. The PIN turns the card on and generates a unique one-time-only transaction code...
...number had been stolen and used for exorbitant calls to Central America and Asia--he decided he'd had enough. To put an end to swiped identities and pilfered credit cards, he and IBM engineer Franco Motika set about developing a new generation of smart cards. The recently patented, theftproof card contains a computer chip and features a tiny numerical keypad right on its face. The cardholder inputs a PIN, stored directly in the card's circuitry; the same code must be entered before each use. The PIN turns the card on and generates a unique one-time-only transaction...
Security is part of the VeriChip business plan. The company has already signed a deal with the California department of corrections to track the movements of parolees using Digital Angel. Seelig believes VeriChip could function as a theftproof, counterfeit-proof ID, like having a driver's license embedded under your skin. He suggests that airline crews could wear one to ensure that terrorists don't infiltrate the cockpit in disguise. "I travel quite a bit," he says, "and I want to make sure the pilots in that plane belong there...