Goodbye PKI. Hello MIRACL
Security on the Internet is long overdue for a change. The problem is architectural and it needs to be addressed before more irreparable damage is done.
We believe that an inclusive, distributed trust paradigm can replace monolithic single points of failure and move the internet into the future. By transitioning away from the outdated and unscalable Public Key Infrastructure (PKI) towards a distributed trust paradigm between independent parties, we can both eliminate the single points of compromise that are responsible for the Internet's information security crisis while empowering individual organizations to free themselves from corporate entities who have neglected their responsibility to ensure trust on the web.
Over the last decade, pairings on elliptic curves have been a very active area of research in cryptography and applied to a range of settings in today’s computing environment. Pairing-based cryptography can provide real world solutions, right now, to the outstanding issues of cryptographic trust, data security, governance and compliance that create roadblocks to adoption of the Cloud by the industries that will most benefit from it.
MIRACL’s pairing-based cryptographic platform for the Cloud addresses issues including key management, secure communications, and data governance / compliance that currently challenge Cloud providers and their customers in sectors such as finance, government, and healthcare.