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Co-operation order of the day
By Tony Hallett
Published: 25 July 2002 07:45 BST
Five of the world's largest producers of flash memory cards have created a standard to make secure shopping and banking easier.
Hitachi, Ingentix, Matsushita Electric Industrial, SanDisk and Toshiba have announced the Mobile Commerce (MC) Extension Standard.
The companies - collectively calling themselves 5C - say the advance will enable flash memory cards to be used for new applications relating to secure data transfer and related activities like making e-payments.
Last year, IDC figures put the number of cards sold at 45 million and 5C want the MC standard to allow flash memory card use for stock trading, storing medical records and purchasing digital content over the web.
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