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On the EnThinnai
Blog, and highly recommended.
In particular, I like his analogy with credit cards. Coincidentally I have been
using the same analogy for some time, although not in public so far.
While in case of OpenID the currency obviously isn't money, the two systems are remarkably
similar in many ways.
They differ in case of maximum possible disaster. In case of a credit card, the
maximum loss may be high but is "only" money, which can be restored through
liability or insurance. In case
of OpenID it it privacy, which for some data (like health information) cannot be restored.
But it is time for businesses to think of accepting OpenIDs in the same way: just
like credit cards let you "outsource" credit evaluation, in case of OpenID
you can outsource identity verification to providers like AOL, Orange, and hopefully
others, who offer this, amazingly, to you for free! Even a better deal than credit
cards where you have to pay a commission!
So the bottom line for businesses is: OpenID saves you money, because you don't have
to do something (identity verification) that you otherwise have to do yourself.
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