Wave Systems Corp. (fka WAVXQ)

[Snackman]

Doesn't this point to TPMs?

The new system will probably hasten the death of traditional passwords, Clippinger said. Instead, users may rely on devices such as smartcards with embedded chips, tokens that generate random codes or biometric devices.

“Passwords will disappear,” said Clippinger. “They’re buggy whips. The old privacy and security conventions don’t work. You need a new architecture.”