Elliptic curve cryptosystems on smart cards

The use of public-key cryptosystems (PKC) received considerable attention. They are beneficial in encryption as well as signing which play an essential role in electronic banking and financial transactions. Elliptic Curve Cryptography (ECC) is one of best public key techniques because of its small key size and high security. Secure applications in smart cards present implementation challenges particular to the platform´s memory, bandwidth, and computation constraints. ECC´s unique properties make it especially well suited to smart card applications. ECC systems provide the highest strength per bit of any cryptosystem known today. The paper presents a new method for smart card implementation of elliptic curves, explaining how ECC can not only significantly reduce the cost, but also accelerate the deployment of smart cards in new applications. ECC permits reductions in key and certificate size that translate to smaller memory requirements (especially for EEPROM), which represent significant cost savings. This added functionality can play an effective role in electronic payment and online banking technologies