GB:
I think you may be a bit off track with the supposition that Wave is primarily aimed at micro-transactions. Micro-transactions happen to be one small, special case of Wave's capabilities.
Wave, among other things, provides secure, metered content distribution through a secure hardware/software-based system which, establishes a "trusted client" through a separate, system-within-a-system in or attache to the PC.
Your appreciation for the system's objectives, capabilities and concepts can be enhanced by reviewing the company's website at:
wave.com
A trip to the site, which contains a most concise system description, coupled with some serious reading, will broaden your knowledge beyond the narrowly defined focus described in your post.
Once done, many here would likely be quite generous with efforts to answer your questions and to help you further your understanding.
Steve |