Certicom Joins Radicchio Initiative to Promote Wireless E-commerce Security

Strategic Insights -

Certicom, a leading provider of next-generation encryption technology, has joined the Radicchio initiative, a global alliance focused on defining a standard security platform for wireless e-commerce. The Radicchio initiative aims to promote the use of public key infrastructure (PKI) technologies, enabling secure electronic transactions over wireless networks. Certicom brings its expertise in building wireless e-commerce solutions and commercialization of OEM security products based on industry-standard elliptic curve cryptography (ECC) and PKI technologies.

Key Takeaways:

  • Certicom will work with founding members Sonera SmartTrust, Gemplus, and EDS to promote the use of a PKI-based framework for wireless e-commerce security.
  • The Radicchio initiative seeks to ensure a standard security platform for mobile commerce, enabling interoperability between certification authorities, mobile operators, systems integrators, device manufacturers, and financial institutions.
  • Another key objective of the Radicchio initiative is to persuade governments and regulators to adopt the framework when drawing up new e-commerce legislation or guidelines.
  • Certicom will contribute its experience in building wireless e-commerce solutions and its commercialization of OEM security products to the Radicchio initiative.
  • The initiative aims to promote innovation in PKI technology to secure wireless e-commerce transactions.

Statistics:

  • 3 major founding members of the Radicchio initiative: Sonera SmartTrust, Gemplus, and EDS.
  • At least 3 key players in the wireless e-commerce industry: operators, manufacturers, and application providers.
  • 1 global organization to bring these players together: Radicchio.
  • At least 1 major consequence of wireless e-commerce growth: increased cooperation between operators, manufacturers, and application providers.

Sources:

  • "Certicom Announces Membership in Radicchio Initiative to Promote Wireless E-commerce Security." Press Release. CNW- PRN, December 17.
  • "About Radicchio." [www.radicchio.org].
  • "About Certicom." [www.certicom.com].