Drexler Technology Corp., best known for the LaserCard optical memory technology, has gotten approval for a patent that it says can enhance security in electronic commerce.

The Mountain View, Calif., company says it is seeking to combine its technology with chip cards-it calls them Smart/Optical cards-to prevent counterfeiting. It says it can customize for various electronic commerce systems, relying on "prerecorded or post-recorded validation data" encoded on the card.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.