[Cryptography] [cryptography] Secure universal message addressing

[Richard Outerbridge]

> On 2016-04-18 (109), at 08:43:59, dan at geer.org wrote:
> 
>> The whole idea that you need a way to securely communicate with
>> someone who you've never had any contact with before is mainly
>> incoherent.
> 
> Similarly, the bigger the financial transaction the less likely
> it is to be between entities that do not know each other.  As
> such, the substantial cost of a/the PKI Registration Agent done
> right yields value only for transactions amongst strangers which
> is to say the smallest transactions, i.e., the RA function will
> never be done right.  Unless compelled.

Yet witness the recent SWIFT Bangladeshi Bank fiasco.
__outer