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| Subject: digital certificates | |
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Author: this came upo in 2000---reality now in 2003 |
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Date Posted: 00:33:16 01/31/03 Fri Posted by: lost Jan 31 2003 1:28:32:293PM Reply to post #3832 by jvd Go to Post # Previous Respond Message List Next Hi jvd, It will be possible for online retailers to verify the identity of a user if a smart card is used and the same smart card is presented at a desk. This is so by the security that is used to verify the user is who they say they are. The method is by using a Public/Private Key Identification system or digital certificates created using federal government standards. Companies that are allowed to produce these kinds of computing systems must have double bricked walls, minimum of four computing firewalls, etc. These systems are currently authorised by federal government to be used for this purpose. Implementation of such a system is dependent upon how many customers you have, but as an example if a company has 30,000 customers then your set up cost from Verisign will be approximately $15,000 to set up and about 14 cents per transaction verified. Not much in the scheme of things. best of Luck Lost (Voluntary Disclosure:No Position Short Term rating: Long Term Rating:) OZeStock Advertisment:"Get yourself an institutional advantage!" Previous Respond Message List Next Bookmark Member Ignore Member Bookmark Board Terms Of Use Violation -------------------------------------------------------------------------------- Neither OZeStock nor the persons making the postings are licensed investment advisers. Therefore, before acting on the basis of what is said in a posting, you should either:(i) consider consulting a licensed adviser (ASIC's web site at www.asic.gov.au has a list of licensed advisers); or (ii) visit ASIC’s consumer website at www.watchdog.asic.gov.au for general guidance about investing. Persons making postings are individually responsible for the accuracy and authenticity of their postings. Because OZeStock and persons making postings are not licensed investment advisers, you will have no access to ASIC approved dispute resolution schemes to recover any losses you may suffer by relying on the postings. Securities cannot be offered to you for sale or subscription on this site. You should contact OZeStock or ASIC Infoline on 1300 300 630 if you suspect that any postings are inaccurate, based on inside information or likely to mislead and deceive viewers/users. [ Next Thread | Previous Thread | Next Message | Previous Message ] |