Bitcoin Forum
May 13, 2024, 07:17:35 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: ]2015-11-23] Digitizing PINs for Cards Resembles Bitcoin Payment Approach  (Read 301 times)
jdebunt (OP)
Legendary
*
Offline Offline

Activity: 1596
Merit: 1010


View Profile WWW
November 23, 2015, 05:25:47 PM
 #1

Traditional payment methods such as credit and debit cards offer very little protection regarding securing financial details. While cardholder information is stored on the chip embedded in these devices – or in the magnetic strip on the back – it’s not all that difficult to copy the details. When using the card at an ATM or payment terminal, users will need to enter a PIN. But what if that PIN can be digitized soon?

http://themerkle.com/news/digitizing-pins-for-cards-resembles-bitcoin-payment-approach/
1715584655
Hero Member
*
Offline Offline

Posts: 1715584655

View Profile Personal Message (Offline)

Ignore
1715584655
Reply with quote  #2

1715584655
Report to moderator
1715584655
Hero Member
*
Offline Offline

Posts: 1715584655

View Profile Personal Message (Offline)

Ignore
1715584655
Reply with quote  #2

1715584655
Report to moderator
1715584655
Hero Member
*
Offline Offline

Posts: 1715584655

View Profile Personal Message (Offline)

Ignore
1715584655
Reply with quote  #2

1715584655
Report to moderator
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715584655
Hero Member
*
Offline Offline

Posts: 1715584655

View Profile Personal Message (Offline)

Ignore
1715584655
Reply with quote  #2

1715584655
Report to moderator
Carlton Banks
Legendary
*
Offline Offline

Activity: 3430
Merit: 3074



View Profile
November 23, 2015, 06:30:02 PM
 #2

But what if that PIN can be digitized soon?

I refuse to read an article which fails so badly in it's descriptive qualities for such a basic premise. If the numbers in your credit card PIN aren't digits already, it's either me or this author that's letting everyone down in the Darwin Olympics.

Vires in numeris
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!