Multi-application smart card with currency exchange, location tracking, and personal identification capabilities

1. A smart card, comprising:

a card housing;

an automated location tracking means, within said card housing, operating to automatically detect a geographic location of the smart card;

a memory having a first memory part storing a first set of data including financial account data, and having a second memory part storing geographical position data;

a microprocessor, in contact with both first financial account data in said first memory part, and with said geographical position data in said second memory part; and

a program, on the smart card and executed by said microprocessor, which automatically converts a predetermined currency value from a first currency to a second currency in the smart card based on the determined geographic location.

2. A smart card as in claim 1 , wherein said smart card has the dimensions of a conventional plastic credit card.

3. A smart card of claim 1 , wherein the first memory part comprises a magnetic strip that is separate from the second memory part.

4. A smart card of claim 1 , wherein the second memory part comprises EPROM or EEPROM.

5. A smart card of claim 1 , wherein the second memory part comprises RAM and ROM.

6. A smart card of claim 1 , wherein the second set of data comprises a credit card account number.

7. A smart card of claim 1 , wherein the third set of data comprises a name, address, physical characteristics, and identification number of a holder of the smart card.

8. A smart card of claim 1 , wherein said second memory part also stores at least one telephone-based account number.

9. A smart card of claim 1 , wherein the financial account data a bank account number.

10. The smart card of claim 9 , wherein the fourth set of data represents a cash balance.

11. The smart card of claim 1 wherein the second memory part has stored therein a program which is executed by said microprocessor to track a history of transactions made using the smart card and to generate a transaction history statement.

12. The smart card of claim 1 , wherein the first set of data represents numbers for accessing a credit card account.

13. The smart card of claim 1 , wherein the memory has stored therein a program which is executed by said microprocessor to process data received from a global satellite, to store said data in the memory, and to generate a travel log based on said data.

14. A method of using an access device upon payment of a value, the method comprising:

using a smart card which is a standalone card to automatically determine a current geographical position data using location tracking means within the smart card housing;

storing information in a memory of said smart card, including financial account data, and said current geographical position data determined automatically by said smart card; and

running a program in said smart card that automatically converts a first currency value to a second currency value based on said current geographical position data that has been automatically determined by said using and stored in said memory.

15. A method as in claim 14 , further comprising storing a first set of data to access a bank account, a second set of data to access a credit card account, a third set of data representing the identification of a holder of the smart card, and fourth set of data to access telephone communication services.

16. A method as in claim 14 , further comprising

inserting the smart card into the access device, wherein the access device is shaped to receive a smart card having the dimensions of a conventional plastic credit card.

17. A method as in claim 16 , further comprising

responsive to said inserting, reading at least one of said our sets of data; performing a first authentication process on said at least one set of data; and permitting access if said step of performing a first authentication process meets a required condition.