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Technology Stocks : Identix (IDNX)

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To: Ron Ohio who wrote (12197)1/20/1999 7:26:00 PM
From: Ron Ohio  Read Replies (1) of 26039
 
To all IDX

Intel wants to put an identification chip in each processor for E net identification. It is trying to pre sell the ACLU. Presently, the voting is 70 to 30 against the idea.

"THE APPLICATION IS A DOUBLE EDGED
sword. On the one hand it offers more security - for e-commerce and information security," said Barry Steinhardt, associate director and privacy expert at the American Civil Liberties Union. "As a pure privacy issue, it allows for a means of tracking individuals on the Net."
Intel briefed the ACLU and others on the details of its new identification scheme in hopes of heading off any protest by privacy advocates about its new initiative.
The plan calls for Intel to put a machine-specific ID and a random number generator in every processor, said sources familiar with the plans.
The random-number generator will aid e-commerce by allowing PCs to encrypt data more securely, while the ID numbers will allow merchants to verify a user's identity and prevent stolen PCs from getting on the Internet.

Ron
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