Whitewash, Re;Revenue model. It seems to me that Wave is keying in on the verifying and servicing aspect of applete life cycles. SKS has made the point in previous cc's that Wave "is not going to tax trusted computing." Rather, he expects Wave revenues to be paid on the basis of service provided. I take this to mean that the recent talk on this board of payments in the form of a "cut", however small, on transactions, going back to the original Peter patent, is probably not the current plan. I suspect that Wave may have advanced that model in the industry and was met with a rebuff. Realizing that it wouldn't fly, the area of authentication was staked out. Some may consider a utility business unexciting, but personally I would be very happy to see Wave grow to become the Consolidated Edison of the Trusted Web.
JMVHO,
Svenm