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Re: mondex
On 7/18/97 3:26 AM, Ryan Lackey said:
>Does anyone know how open the Mondex architecture is? Is it in any way
>possible to set up a competing system with your own card manufacture
>and issuing bodies for currencies which can be used in deployed Mondex
>POS terminals without too much hassle? Would this be analagous to the
>problem of replacing InterNIC with other NICs -- you need to make the
>user servers know to look at the rival systems and understand their
>keys?
As I understand it, Mondex is a completely closed system. Everything that
you don't absolutely need to know is undocumented. Since you can settle
offline, the potential for fraud is frightening; unless I'm getting the
benefit of these, um, weaknesses in the system, I don't want there to be
any. The lack of privacy seems to be somewhat of a smokescreen; since you
can settle offline, they don't have a really accurate way of tracking
transactions except at the interface between e$ and other forms of money
or goods (like their POS terminals and ATMs).
Can you hack Mondex? They say you can't...
Wesley Felter - [email protected] - Binary Compass Enterprises
In BizRate we trust - <http://www.bizrate.com/>
Disclaimer: My employer knows I'm crazy.