IP: tracking smart cash

[Dave Farber <farber () cis upenn edu>]

TRACKING SMART CASH [Edupage]
A senior Justice Department official has urged makers of smart carts to
include a mechanism for tracking transactions over a certain dollar amount.
Assistant Attorney General Robert Litt also called for "sensible limits" on
how much value can be stored or transferred on a single card or PC.  The
government hopes it can work with industry without stifling smart card
development, and without compromising individual rights.  "We don't want to
dictate how these features are designed, but there are certain reasonable
parameters that industry should build into their systems," says Litt.  (BNA
Daily Report for Executives 29 Oct 96 A24)