The era of mobile commerce will begin with the appearance of mobile phones equipped with smart cards. Primarily, smart cards will be utilized because they offer security functions not available through other methods of e-commerce such as personal computers or television. In the near future, smart cards measuring only about 2cm square will appear in mobile phones, ready to markedly expand the world of e-commerce implemented through mobile phone functions. These smart cards, which are actually integrated circuits (IC), will store key information, such as terminal identification (ID) and a credit card number, making them secure from theft. An encryption program will also be provided to safeguard communication, and these technologies will help eliminate fears about the security of e-commerce.
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