--- begin forwarded text X-Sender: oldbear@tiac.net Date: Mon, 04 Nov 1996 00:20:34 -0500 To: Digital Commerce Society of Boston <dcsb@ai.mit.edu> From: The Old Bear <oldbear@arctos.com> Subject: tracking smart cards Mime-Version: 1.0 Sender: bounce-dcsb@ai.mit.edu Precedence: bulk Reply-To: The Old Bear <oldbear@arctos.com> TRACKING SMART CASH A senior Justice Department official has urged makers of smart carts to include a mechanism for tracking transactions over a certain dollar amount. Assistant Attorney General Robert Litt also called for "sensible limits" on how much value can be stored or transferred on a single card or PC. The government hopes it can work with industry without stifling smart card development, and without compromising individual rights. "We don't want to dictate how these features are designed, but there are certain reasonable parameters that industry should build into their systems," says Litt. source: BNA Daily Report for Executives 29 Oct 96 page A24 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To unsubscribe from this list, send a letter to: Majordomo@ai.mit.edu In the body of the message, write: unsubscribe dcsb Or, to subscribe, write: subscribe dcsb If you have questions, write to me at Owner-DCSB@ai.mit.edu --- end forwarded text ----------------- Robert Hettinga (rah@shipwright.com) e$, 44 Farquhar Street, Boston, MA 02131 USA "The cost of anything is the foregone alternative" -- Walter Johnson The e$ Home Page: http://www.vmeng.com/rah/