Identify the component present in a smart card that can process instructions and store data for use in various applications.

a. Macrochip
b. Microchip
c. Magnetic tape
d. Magnetic stripe

b. Microchip
A smart card resembles a credit card in size and shape, but it contains an embedded microchip that can process instructions and store data for use in various applications such as electronic cash payments, storage of patient information, and providing access to secure areas.

Computer Science & Information Technology

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Fill in the blank(s) with the appropriate word(s).

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