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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Scott C. Lemon who wrote (28102)9/14/1999 1:35:00 PM
From: David  Read Replies (2) | Respond to of 42771
 
I wouldn't foreclose any possibilities at this stage, although my guess is that the identity trustees will be banks, etc. Like I posted, this is a good opening move by Novell -- in fact, I believe, the right opening move.

Now what do you do if you are Microsoft (besides threatening people to make them offer Passport)?



To: Scott C. Lemon who wrote (28102)9/14/1999 4:42:00 PM
From: Bearded One  Read Replies (2) | Respond to of 42771
 
Scott- You've been dropping some clues here, let me see if I can put them together:

1) *Anyone* can be a trusted store.
2) Multiple communities interacting.

Ok, let's see. I want to start a community and allow others to engage in transactions. I set up some sort of digitalMe server, and people interact with my server using their client digitalMe software. Why should I trust them? Well, ok, that means digital signatures so that I can verify that Mr. X is not impersonating Mr. Y. The key question is, why should they trust me? Well, trust me to what? To prevent me from identity theft, I have to be forbidden from viewing their info in cleartext (like not seeing a SSN or credit card number). Again, using digital signatures, we can do that if you register your public key with the credit card company and you send me your credit card number/expiration date with your private key.

So basically, you have a whole bunch of digital signatures and nothing ever gets passed around unencrypted. We're talking two-way anonymous transactions.

I'm sure I'm missing some essential portions, but did I get some of it right?