[e-gold-list] Group authentication in AxiomaticTokenizer

[George Hara]

The final major feature that I wanted to be in AxiomaticId is now in
AxiomaticTokenizer: group authentication.

Group authentication can be used by organizations to ensure that access
to an account is possible only if a minimum number of members of the
organization agree to execute the same action.

For example, an organization might have an account with a payment
service where it keeps (some of) its money. The organization would not
want any single member to have full access to this account, but rather
ensure that all payment requests are executed only if at least 3 (out of
5) members of the organization agree on the payment.


This is accomplished by simply allowing each member of the group to
specify how many members are in the group (say 5) and how many of the
them are required to send a token so that an action could be executed
(say 3). A simple combo-box. It's that simple!

Then, when the organization wants to make a payment, 3 of its members
place their tokens in the Internet browser (in the submit form) and
click "Execute".


http://www.gardenerofthoughts.org/ideas/axiomatictokenizer/index.htm


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