CT_Y, Lee was rather fuzzy on this last CC,
It was stated that Wave wasn't going to address the transaction business. That it is established technology (and well populated with folks that already want to destroy each other I might add). It was stated that Wave would instead focus on secure communication.
How is that fuzzy? Well, for some time now transactions have been nothing more than secure communication.
It seems the notions of the legendary TAN and the dusting off of Xpress cause Samsung wants to play in the content box miss the point, at least for me for, in that Wave has plenty to do in securing endpoints and letting the owners of those endpoints do with them what they choose.
The only place I can reasonably see for Wave is in a few years time is helping to provide the infrastructure for multiple-independent trust domains and management of that infrastructure. Does management of that infrastructure go as far as renting applet space as once considered? Perhaps but with the battles as they are and the interests as they are I would expect Wave to end up in more of the per device royalty business than in the per transaction or per applet swapped business. Obviously one could see a flat rate each time your applet wants into the trusted execution space, but I am inclined to believe that others IP is more comprehensive in this, and that Wave would do just fine if they could bag a per device E2 patent license e.g.
This is not the trillions and tillions of y2000 fantasy, but it would allow for billions when coupled to management of fleets of devices.
The above content is my opinion.
