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You don't have to imagine them. They exist [0]. (Sorry, can't easily find a US link.) US government employees all have a CAC, as well, which is a crypto smartcard.

The key stays on the card. The card will do signatures and key generation, and also holds login/etc credentials. It works basically exactly like Malka says: bytes go in, signature comes out. It can likely do encryption as well, but you'd probably use it to generate a temporary key and then to sign the encrypted results, since the processor on cards is relatively weak.

0: http://www.acs.com.hk/en/products/17/acos5-64-cryptographic-...



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