We all have one in our pocket!
Hexa Digital | Posted on |
![Carte-a-puce](http://abridgefrance.com/wp-content/uploads/2017/05/Carte-a-puce.jpg)
We all have one in our pocket!
The chip card is a French invention. The patent was filed in 1974 by Roland Moreno, a self-taught electronic engineer, handyman in all kinds of weird gadgets. The concept rapidly spread to all systems requiring a strong encryption: bank cards, identity cards, SIM cards for mobile phones, TV decoders, etc. When the patent protection expired in 1994, he then developed the contactless card for payment systems.
![](http://abridgefrance.com/wp-content/uploads/2018/01/Carte-a-puce.jpg)
In 2000, as the banks are panic stricken when a French IT specialist demonstrates that false bank cards which work everywhere can easily be made (Yescards), Moreno claims that the chip card security is safe. He offers 150 000€ to the first person who will succeed in breaking the algorithm. To this day, no one has been able.
![](http://abridgefrance.com/wp-content/uploads/2018/01/Moreno.jpg)
The chip card market is growing fast and Gemalto Company, the French leading player of the market who makes them, claims to have 45% of the market shares. The 4 main sectors of use, all linked with exchanges safety, are: mobile telecommunications, banks, secure documents (passports and access cards) and cards for communications of machine with machine.
The United-States began the transition towards the chip card to secure payments and limit fraud only at the end of 2015 and the American market represents approximately 500 million chip cards a year!
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