Mybi attracted 150 million dollars from the US
Mybi Co, Ltd which has been issuing ‘Digital Busan Card (transit
card)’ succeeded in attracing 150 million dollars in foreign capital
so it will market biometric (fingerprint) Smart Card.
After Mybi, e-Currency operating company, concluded the strategic alliance with the US-based e-Smart Technologies, Inc., it presented plans to market ‘The Super Smart Card’ that two sides jointly developed and conducted demonstration shows. e-Smart-Mybi Card was created by integrating Mybi Combi chips for AFC & payment function into the biometric verification card that e-Smart Technologies produced as a result of 5 years of study and research. Users store their fingerprints in the IC chip which is embedded through sensor. For this reason, this Card is not able to be used by others when fingerprints do not match. Mybi decided to expand this business into 10 cities where Mybi e-Currency has been already supplied next year, after marketing Super Smart Card in Busan late this year. Mybi and e-Smart Technologies are going to advance into the world market, after bringing a success in the domestic market. Reporter: Park Dong-Ming ©2006 e-Smart Technologies, Inc. |