New Brand Development - Reach Ring

Smart card engineering has penetrated almost all(prenominal) situation of our chance(a) life. Most of the transportation carcasss and retail stores are rely on this form of engineering in part of their transactions. The technology has more(prenominal) benefits compared to conventional selective information transmission devices such as charismatic stripe cards which people use every twenty-four hour period to ingress automated fabricator 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 exam record. The data is transacted via a card size reader that builds on the entry or transaction points then back to the figurer terminal. This type of system offers enhanced security and public toilet to legion(predicate) applications such as banking, transportation, security and online transactions. 2 . Brief Description of Selected caller-out form Ltd. is a medium casing information technology connection located in Hong Kong that was realised in 1995. The company is a flip card technology service provider to public and privately owned company. pass around 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 FeaturesT he Reach Ring greatly improves the convenien! ce and security of any transaction. It combines with all the benefits of cards used for identification, fibber machines, toll, and transportation. Moreover, it reduces the document processing cost, labor costs as rise up as delays caused by manual systems by allowing immediate access to personalized information stored in the ring. tutelage costs for sell machines, parking meters and other... If you want to get a full essay, frame it on our website: OrderCustomPaper.com

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