Sunday, December 25, 2016

You and your token

The cash function retains a unique card ID.  But, once in the secure sandbox,the card need only obtain a unique ID, suitable for trading.  The details you want to reveal depend on what you want delivered.  You can leave your ID blank, obtain a a trading ID for the sandbox,and buy gold.  But delivery will be to general delivery, and the gold will be charged a holding prices, accounting to the fulfillment contract.  So, you don't care, you hold gold, then trade it away later.

Id the card ID is unique, then the sufficient token is an encryption of that. Asynchronously, and ultimately, the verification system will reach the card and request a biometric. Otherwise, delivery is a bunch of unpriced risk, a pain, and big business for smart hold and deliver companies.

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