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Gemplus develops secure e-commerce solution for cereal trading in Argentina
Gemplus technology enables cereal market brokers to
perform secure transactions by using smart cards and digital signatures
February 19, 2002, RSA Data Security 2002 -
Gemplus (Euronext: Sicovam 5768 and NASDAQ: GEMP), the world's number
one provider of solutions empowered by smart cards, announces it was chosen
by the Stock Exchange from Rosario City in Argentina, to implement a secure
e-commerce solution based on smart cards and digital signatures* for brokers
operating in the cereal market.
With Gemplus' security solution, brokers can use a smart card to digitally
sign and register transactions performed through the website www.confirma.com.ar,
designed by the Cereal Stock Exchange. Previously, these types of transactions
were formalized in paper.
Using PKI (public key infrastructure) based digital signature software
in combination with a smart card and a reader-writer device connected
to the computer, the broker signing the contract is securely authenticated
and the integrity of the trade contents are validated, enabling a time-stamped
and non-disputable trading transaction.
"Incorporating this technology is a step forward on the market scope.
We want to provide features as well as add elements that contribute to
the development of a more nimble and secure performance," said Javier
Cervio, Rosario's Cereal Stock Exchange General Sub-manager.
The smart card securely stores personal information about the user, and
works as a personal web-based 'ID card' each time the subscriber signs
a contract. This smart card enabled digital signature solution is based
on Gemplus' GemSAFE security suite and provides the users with:
- An easy-to-use technology that speeds contract trading procedures
and accelerates commercial duties
- An efficient trading process that reduces costs throughout the commercial
chain and increases productivity
- A highly secure, solution that anticipates and reduces digital fraud,
assuring the integrity and validity of signed contracts.
"Gemplus provides a secure yet user-friendly solution, designed
to satisfy the increasing need for secure user authentication and information
exchange on the Internet, all under absolute privacy," said Ian Walmsley,
Gemplus Financial and Security Services Business Unit, Latin America.
"We believe that this type of application answers significant needs
of online transaction environments."
About Gemplus
Gemplus is the world's number one provider of solutions empowered by smart
cards. Gemplus helps its clients offer an exceptional range of portable,
personalized solutions that bring security and convenience to people's lives.
These include mobile Internet access, interoperable banking facilities,
e-commerce, and a wealth of other applications. Gemplus is the only completely
dedicated, truly global player in the smart card industry, with the largest
R&D team, unrivalled experience, and an outstanding track record of
technological innovation. Gemplus trades its shares on Euronext Paris S.A.
First Market and on the Nasdaq Stock Market as GEMP in the form of ADSs.
Its revenue in 2000 was 1.205 Billion Euros. It employs 6721 people in 37
countries throughout the world.
Gemplus: Beyond smart
Contacts
Gemplus Marcom Manager Latam
Mariela Arce
Tel: +54 11 4343 4009
Mariela.arce@gemplus.com
Gemplus PR Noram
Kerry Butler
Tel: +1 215 390 2840
Kerry.Butler@gemplus.com
Edelman Public Relations Worldwide
Alicia Jones
Tel: +1 323 202 1047
Alicia.jones@edelman.com
Editor's Notes
A digital signature is a web-based signature, based on PKI (public key infrastructure)
that can be used to authenticate the identity of the sender of a message
or the signer of a document, and to ensure that the original content of
the message or document that has been sent is unchanged. Digital signatures
are easily transportable, cannot be imitated by someone else, and can be
automatically time-stamped. The ability to ensure that the original signed
message arrived means that the sender cannot easily repudiate it later.
©2002 Gemplus All rights reserved. Gemplus,
the Gemplus logo and GemSAFE are trademarks and service marks of Gemplus
and are registered in certain countries. All other trademarks and service
marks, whether registered or not in specific countries, are the property
of their respective owners.
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