Replies to post #204539 on Wave Systems Corp. (fka WAVXQ)

[Mighunter]

Snack, two questions, the article is dated 1/7/11 and says the announcment is coming "today" which would have been last Friday. Was there an annoucment? Also, isn't this the OPEN ID thing which I still can't figure out how Wave benefits or makes money from it.

MIG

[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.”