Most computer systems are far from being secure.
A lack of security - it is said - might hinder the developments of new information technologies. Everybody knows electronic transactions involve a more or less calculated risk. Rumors about insecurity let consumers doubt whether the commodity of e-commerce is bigger or its risks. First of all the market depends on the consumer's confidence. To provide that another application for public key cryptography gets essential: the digital signature, which is used to verify the authenticity of the sender of certain data.
It is done with a special private key, and the public key is verifying the signature. This is especially important if the involved parties do not know one another. The DSA (= Digital Signature Algorithm) is a public-key system which is only able to sign digitally, not to encrypt messages. In fact digital signature is the main-tool of cryptography in the private sector.
Digital signatures need to be given for safe electronic payment. It is a way to protect the confidentiality of the sent data, which of course could be provided by other ways of cryptography as well. Other security methods in this respect are still in development, like digital money (similar to credit cards or checks) or digital cash, a system that wants to be anonymous like cash, an idea not favored by governments as it provides many opportunities for money laundry and illegal transactions.
If intellectual property needs to be protected, a digital signature, together with a digital timestamp is regarded as an efficient tool.
In this context, the difference between identification and authentication is essential. In this context smartcards and firewalls are relevant, too.
A lot of digital transactions demand for passwords. More reliable for authentication are biometric identifiers, full of individual and unrepeatable codes, signatures that can hardly be forged.
For more terms of cryptography and more information see:
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The largest media conglomerate in the world, Time Warner resulted from the merger of the publisher Time Inc. and the media company Turner Broadcasting Systems, Inc. in 1996. Time Inc. founded in 1922 primarily concentrated on magazines and books and in the 1950s moved into the broadcasting and entertainment industry, but in the 1970s announced that it was selling its broadcasting holdings and concentrating on cable television. In 1989 Time Inc. merged with Warner Communications Inc., which besides being a major motion-picture and television studio, was also one of the biggest U.S. music recordings producers and cable-television operators.
In January 2000 Time Warner merged with AOL (America Online) in a US$ 243.3 billion deal. Although AOL so far generated far less profit and turnover than Time Warner its quotation on the stock exchange was clearly higher, making Time Warner the junior partner (45 percent) in the new company. Through its merger with AOL, which is a major player in the online-business and owns several Internet-services like Compuserve, Netscape and Netcenter, the new media conglomerate could significantly enlarge its online presence and also complement its traditional media activities.
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Founded by Bill Gates and Paul Allen and headquartered in Redmond, USA, Microsoft Corporation is today's world-leading developer of personal-computer software systems and applications. As MS-DOS, the first operating system released by Microsoft, before, Windows, its successor, has become the de-facto standard operating system for personal computer. According to critics and following a recent court ruling this is due to unfair competition.
For more detailed information see the Encyclopaedia Britannica:
The World Intellectual Property Organization is one of the specialized agencies of the United Nations (UN), which was designed to promote the worldwide protection of both industrial property (inventions, trademarks, and designs) and copyrighted materials (literary, musical, photographic, and other artistic works). It was established by a convention signed in Stockholm in 1967 and came into force in 1970. The aims of WIPO are threefold. Through international cooperation, WIPO promotes the protection of intellectual property. Secondly, the organization supervises administrative cooperation between the Paris, Berne, and other intellectual unions regarding agreements on trademarks, patents, and the protection of artistic and literary work and thirdly through its registration activities the WIPO provides direct services to applicants for, or owners of, industrial property rights.