A UNIQUE smart card technology, developed but never applied in Australia, is
about to make its commercial debut in China.
Earlier this month a Brisbane company won a A$17 million contract to
supply an identification system based on the technology to one of China’s
largest insurance companies. If the system is a success, eGlobal Holdings will
be on the verge of opening up a vast new market.
The heart of the system is an algorithm which compresses a passport-style
digital image of the cardholder and stores it, in encrypted form, in the card’s
memory. The high-resolution image is retrieved by…
