PoweredCards could solve Credit Card Security Issues

Despite Google‘s announcement that they are looking into nearfield communication to “Tap to Pay” with your cellphone, there are still some people who prefer to use standard credit cards. The problem is, credit cards are very insecure. A person can steal your credit card and easily go on a shopping spree, be it online or in actual shops.
This where Dynamics’s amazing new PoweredCards come in:

“Card 2.0â„¢ is a paper-thin, flexible computer platform in a payment card form factor. The device is designed to be as thin, flexible, and durable as a traditional payment card and last over three years on a single battery charge. The card  includes a number of peripheral management circuits that are directed to power management, timing, and control. “

While the desciption might not say much, you have to see this video – the guy demos two different cards, one with loyalty payment system, but look at the secure card version. The user enters a password on the card itself, which enables the numbers to be displayed on a small display. The magnetic strip is also rewritten every time a user activates a card. A card which can switch between multiple accounts is also shown off.

Battery life lasts for multiple years, the card is flexible like a normal credit card, and its waterproof…

Look at this:


Source: TomsGuide