We really need some internet company (Google?) to take a leadership role on digital signatures.
The problem with digital signatures is having a positive identification of the individuals. Here's the answer! Every brokerage and bank now is required to have positive ID of their customers -- to include copies of drivers licenses and passports. If Google, Yahoo, AOL, Lycos, or Hotmail would work out an arrangement with banks and brokerages to allow them to provide digital signatures (and e-mail addresses: @etrade.com, @chase.com etc) --it would finally make the digital economy work. It would also make those accounts very "sticky" so that users would never want to leave! The brokerages and banks could charge users a fee if they don't maintain a certain minimum balance, or number of trades.
The problem with digital signatures is having a positive identification of the individuals. Here's the answer! Every brokerage and bank now is required to have positive ID of their customers -- to include copies of drivers licenses and passports. If Google, Yahoo, AOL, Lycos, or Hotmail would work out an arrangement with banks and brokerages to allow them to provide digital signatures (and e-mail addresses: @etrade.com, @chase.com etc) --it would finally make the digital economy work. It would also make those accounts very "sticky" so that users would never want to leave! The brokerages and banks could charge users a fee if they don't maintain a certain minimum balance, or number of trades.
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