Under lock and key online, without a password
A Russian-born physicist-turned-entrepreneur is working toward the day when people can better protect their privacy and won't need computer passwords to conduct commerce on the Internet.
Shablygin, now a U.S. citizen, already has built a company in Moscow, Jet Info Systems, a leading information and technology solutions provider with about 1,500 workers and about $350 million in sales.
"If they wanted to hide the treasure, they put it somewhere. They put a location of this treasure on the map, then they tear this map in parts and distribute it to different people," he said.
"The exact same approach can be used for the interaction between people and organizations.
"With one key, you can access your bank account and airlines account and Starbucks account," Shablygin said.
The company currently has dozens of customers signed up, including some in the financial, retail, health-care and government sectors, according to Jennifer Streck, the company's marketing manager. Streck declined to release their names, citing nondisclosure agreements.
"We should have the operational profitability early next year, and then the sky's the limit," he said.
Someday, the United States could be voting by computer using the technology, but that's years away, he said.
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