Title: THE FUTURE IS HERE: BLOCKCHAIN TECHNOLOGY AND SMART CARD
1B L O C K C H A I N
K E L L T O N T E C H
2B L O C K C H A I N A N D T H E
F U T U R E P O T E N T I A L O F S M A R T C A
R D S
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- Smart Cards are playing a Critical role in
securing Blockchain Transactions. Let us see how.
3W H A T A R E
S M A R T C A R D S ? Are chips which stores
data It is readable by machines Embedded with
Microprocessors for smooth transactions Mostly
found with Credit/Debit Card, SIM, hotel key
cards etc.
4Applications of Smart Card
Technology .
A smart card is a hardware capable of performing
operations such as key pair generation with
minimum power consumption in the least possible
time duration. The secure key pairs are capable
of handling attacks of a critical and advanced
nature of blockchain applications. Smart card
technology protects private keys inside hard re
with tamper- resistant hardware security and
interaction restricted to a limited set of
commands and responses, which indirectly
increases the overall security of blockchain
applications. It provides straightforward
access to cryptographic keys. The smart card can
be a simple card, USB device, mobile device,
microSD, an embedded secure element chip, or a
wearable device. These devices enable easy,
portable, user-controlled access to the keys for
performing Blockchain transactions. They
provide Blockchain applications a secure platform
and an established, standardized security
evaluation and certification program for
protecting keys.
5SMART CARD USERS YEAR AFTER YEAR
4,000
3,000
2,000
1,000
0
2014
2015
2016
2017
2018
6Percentage Increase
Year2014
Year 2018
20 70
7Why Smart Cards?
Due to its various industries like H E A L T H S
E C T O R E D U C A T I O N T R A N S P O R T A
T I O N W E L F A R E T E L E C O M M U N I C A
T I O N
8WHAT'S NEXT?
Blockchain applications are the new oil, but it
is crude, and when used with the help of one of
the smart technologysmart cardwill bring new
gold nuggets. Smart cards securely store
private keys which are part of the
cryptocurrency transactions.
9T H A N K Y O U
K E L L T O N T E C H . C O M