Digital Credentials Offer Enhanced Privacy
John Q Random writes "Stefan Brands's company credentica.com announced their U-Prove library and SDK implementing ID tokens — also known as digital credentials or private credentials. (Private Credentials are a cool PKI replacement and anonymous e-cash tech that allows you to prove certified attributes like age, credit rating, group membership, etc. without revealing who you are; to allow you to have a digital life without the digital dossier effect inherent in a central databases.) Following this announcement, Adam Back announced credlib, an open source implementation of Brands credentials (and the older more basic Chaum certificates). These developments relate to recent news from IBM's Zurich labs on their identity-mixer project (previously discussed on Slashdot) that is based on the less efficient Jan Camenisch and Anna Lysyanskaya credentials."
This is under the presumption that the holder/applicant is who he claims he is.
I guess it'll just get added to the to-do list of phishers and ID thieves.
And the fact that (real) sensitive data has to be included to prevent 'leading/sharing' just begs for hacking.
Virtual Betting on Facebook for non-geeks.