New Brand Development - Reach Ring

Smart card engineering has penetrated almost every(prenominal) stir up of our chance(a) life. Most of the transportation carcasss and retail stores are rely on this form of technology in part of their transactions. The technology has more than benefits compared to conventional selective information transmission devices such as charismatic stripe cards which people use every twenty-four hour period to find automated storybank clerk machines. It embeds microprocessor to a card that stores and transacts data between users. The chip stores electronic data and provides the function of credit, debit, and early(a) memory capabilities such as identities and medical record. The data is transacted via a card size reader that builds on the entry or transaction points then back to the calculator terminal. This type of system offers enhanced security and convenience to umpteen applications such as banking, transportation, security and online transactions. 2. Brief Description of Selected conjunction form Ltd. is a medium casing information technology yearn set located in Hong Kong that was realised in 1995. The company is a smart card technology service supplier to public and privately owned company. stretchiness recruits more than 50 employees include sales, engineers and technicians at the main slur and few branches in China. The new product that the company plans to entrap to the market is called Reach address.

It is a ring that embeds with microprocessor which provide the functions equal as smart card but in a much little size. 2.1 Reach Ring FeaturesThe Reach Ring gr eatly improves the convenience and security ! of any transaction. It combines with all the benefits of cards used for identification, teller machines, toll, and transportation. Moreover, it reduces the document processing cost, labor costs as hale as delays caused by manual systems by allowing immediate access to personalized information stored in the ring. tutelage costs for trade machines, parking meters and other... If you want to get a full essay, articulate it on our website: OrderCustomPaper.com

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