Wave Systems Corp. (fka WAVXQ)

[rwk]

Trust

It's usefull for me to step back from the details of the quickly evolving TCG space and to think about what's going on in the broadest terms.

The goal of this whole initiative is to establish a bullet proof systematic trust environment. To create this environment you have to establish trust, maintain trust and then eventually make use of trust.

The TPM is the hardware element that allows all of this to occur. It is the root of trust and establishes trust through the secure storage and manipulation of encrytion keys.

Products such as print readers, SED's, ESC and WEM are used to maintain and extend the trusted environment beyond the TPM. TXT and virtual environments within self healing hypervisors extend the environment even further.

The truly big payoff will be when we are able to leverage the trusted environment. The initial products in this space will involve the secure execution of applets. But this will only be the begining and it is hard to foretell where the process will end.

Wave established the first TPM step in this process and currently is the leading light in the second step. It very likely will be central in the third step as well given it's leadership position and product evolution. I think I'll stick around for the next 15 years to see what happens.