PKI's Flaws: Why Blockchain-Based Tokens Are A Better Solution
PKI dominates web security despite flaws. Certificate Transparency (CT) tackles vulnerabilities but has its own issues: limited public logs, complexity & scalability problems. Is it time for a blockchain-based solution?
PKI is perfect, isn't it? The PKIX Working Group was of the digital certificates standards, among them X.509, that enable various applications such as secure email, web security (SSL/TLS), and digital signatures. It officially concluded its operations... more than ten years ago (31 October 2013) .. Coincidentally, more or less at the same time Bitcoin was created. The closure can only mean that PKI is perfect (many beg to disagree), or that the companies that sponsor work in PKI have zero interest in evolving the technology as their interests are well served with the current one. PKI, despite...