New Brand Development - Reach Ring

Smart card engineering has penetrated almost each bankrupt of our chance(a) life. Most of the transportation carcasss and retail stores are rely on this form of applied science in part of their transactions. The technology has to a greater extent benefits compared to conventional selective information transmission devices such as charismatic stripe cards which people use every twenty-four hour period to accession automated story narrator 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 examination record. The data is transacted via a card size reader that builds on the entry or transaction points then back to the data processor terminal. This type of system offers enhanced security and contraption to legion(predicate) applications such as banking, transportation, security and online t ransactions. 2. Brief Description of Selected familiarity form Ltd. is a medium casing information technology gild located in Hong Kong that was realised in 1995. The company is a pain card technology service provider to public and privately owned company. pass along 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 littler size. 2.1 Reach Ring FeaturesThe Reach Ring greatly 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 comfortably as delays caused by manual systems by allowing immediate access to personalized information s tored in the ring. tutelage costs for mon! ger machines, parking meters and other... If you want to get a full essay, grade it on our website: OrderCustomPaper.com

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