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Usernames of past words and pins mother made a name all that apparatus of security defeats itself on the internetea today. . >> what is the purpose of all of that? . >> supposedly to stop fraud and create a basis for transactions on the internet it wasn't designed for transactions but e-mail and hyper texting and communications first protocol and since it is becoming a commercial engine it needs security first protocol so to

Virtually you have to strip naked to complete a transaction you have to know usernames and passwords for the hundreds and thousands of possible webpages so it is just the absurd system that is cumbersome with that poorest pyramid were all the money and the power rises to the top like google and facebook or whatever. t17 is a new security first instead of you losing one - - using usernames and passwords instead you have a particular identity established on the

User names, passwords, p.i.n.s, mother's maiden names, all the apparatus of security defeats itself on the internet today, and an -- mark: what is the purpose of all that? >> it's supposedly to stop fraud and to create a basis for transactions on the internet. the internet wasn't designed for transactions. it was designed for e-mail and hypertexting and communication. with communications first protocol. and today, since it's becoming a commercial engine, the internet, it needs a security first protocol, and today, you have to virtually strip naked before the camera in order to

User names, passwords, p.i.n.s, mother's maiden names, all the apparatus of security defeats itself on the internet today, and an -- mark: what is the purpose of all that? >> it's supposedly to stop fraud and to create a basis for transactions on the internet. the internet wasn't designed for transactions. it was designed for e-mail and hypertexting and communication. with communications first protocol. and today, since it's becoming a commercial engine, the internet, it needs a security first protocol, and today, you have to virtually strip naked

Conduct a transaction on the internet. you have to know yourself user names and passwords for all the hundreds and thousands of possible web pages in which you might transact. it's just absurd system. mark: cumbersome. >> cumbersome and moreover, it's a porous pyramid that we're all the money and power rises to the top, to companies like google and facebook and whatever. and the cryptocosm is a new architecture for the internet that's based first on security. security first in which rather than having you learn user names and passwords for all websites across the internet, instead, you have a ...