Skip to main content

Samsung joins OSPT Alliance

The Open Standard for Public Transport (OSPT) Alliance has announced that Samsung Electronics has joined as a full member and will pursue the development of commercialised semiconductor products for building next-generation transit fare collection systems based on the Cipurse open security standard.
March 23, 2012 Read time: 1 min
The 1664 Open Standard for Public Transport (OSPT) Alliance has announced that 1809 Samsung Electronics has joined as a full member and will pursue the development of commercialised semiconductor products for building next-generation transit fare collection systems based on the Cipurse open security standard.

This standard addresses the need by transit authorities for future-proof fare collection systems with more advanced security than currently in use. Because it is an open standard, Cipurse promotes vendor neutrality, cross-vendor system interoperability, lower technology adoption risks, higher quality and improved market responsiveness, all of which result in lower operating costs and greater flexibility for transport system operators. Cipurse also offers a global basis for a faster transition of transit fare systems to the use of emerging NFC mobile phones and other devices and support for the adoption of NFC transit applications for a truly future-proof solution.

For more information on companies in this article

Related Content

  • Eurosmart says hyper-connected era about to begin
    November 3, 2014
    A new, ‘hyper-connected’ era will bring a wealth of benefits in the next five years, says Brussels-based Smart Security industry body Eurosmart - but it will also pose security and privacy challenges to which the industry can rise. According to its Vision 2020 report, there is no sign of the strong demand for smart devices and cards slowing in 2015.
  • Indra to coordinate European Mobiwallet project
    April 8, 2014
    International consulting and technology company Indra is coordinating the consortium of 15 companies and government bodies that is developing the Mobiwallet project, which will be piloted in the cities of Santander, Florence and Novi Sad and the West Midlands region of the UK. MobiWallet will turn any smartphone into a payment terminal with top-up on the go anywhere, thanks to technologies like NFC tags, 2D barcodes, interactive websites and augmented reality. An innovative platform will process the paym
  • RFID market will be worth over $70 billion over next five years
    April 17, 2012
    The market for RFID transponders, readers, software, and services will generate US$70.5 billion from 2012 to the end of 2017. The market was boosted by a growth of $900 million in 2011 and the market is expected to grow 20 per cent YOY per annum. Government, retail, and transportation and logistics have been identified as the most valuable sectors, accounting for 60 per cent of accumulated revenue over the next five years. “To date, the automotive sector has been a strong proponent of RFID, largely for immo
  • Trends in automotive technology
    March 14, 2012
    Continental has become a leading player in vehicle technology and telematics. The firm’s executive board chairman Elmar Degenhart describes to Jason Barnes Continental’s views on the ‘megatrends’ of the automotive industry Strategic moves to diversify Continental’s business from rubber-related products began in the late 1990s with the acquisition of ITT Teves and its brake business. This brought on board know-how relating to the then new electronic stability control (ESC) systems which today form an import