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The E-Sylum: Volume 5, Number 39, September 29, 2002, Article 12 ANOTHER SPACE-AGE MONEY CONCEPT From the New Scientist comes an article about a new kind of token that cannot be counterfeited and could one day be used in credit cards and other secure identification applications. A team at the MIT Media Lab's Center for Bits and Atoms has discovered that "a transparent token the size of a postage stamp and costing just a penny to make can be used to generate an immensely powerful cryptographic key." "The team created tokens containing hundreds of glass beads, each a few hundred micrometres in diameter, set in a block of epoxy one centimetre square and 2.5 mm thick. These are "read" by shining a laser beam of a particular wavelength through the token." "The token could not be duplicated using any manufacturing technology in existence or planned.... One future use of the tokens could see them being embedded into credit cards." "... the first products using the tokens could be developed in as little as six months." http://www.newscientist.com/news/news.jsp?id=ns99992828 Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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