The prediction, in brief:
The most serious issue is the design of an authorization scheme that will scale to the size of "all users on the Internet," given the enormous international scope.
Predictor: Masinter, Larry
Prediction, in context:
Larry Masinter, at the time a principal engineer at the Xerox Palo Alto Research Center, made the following remarks in a research presentation at INET '95, the Internet Society's 1995 International Networking Conference in Honolulu, Hawaii, June 27-30. Masinter had worked in the area of document-management-system architecture since 1988, he was involved with the Web standards groups from their inception, and he had been active in research in regard to digital libraries since 1993. He cites information from a Cross-Industry Working Team report titled "Electronic Cash, Tokens and Payments in the National Information Infrastructure" when he says: "Beyond the mechanisms for dealing with security, copyright and intellectual property, the Web is capable of providing for spontaneous financial transactions. A number of mechanisms for handling payment and billing are being explored, either through credit card settlement methods or digital cash ... The most serious issue is the design of an authorization scheme that will scale to the size of 'all users on the Internet,' given the enormous international scope."
Date of prediction: 6/1/1995
Topic of prediction: Economic structures
Name of publication: ISOC INET '95 (conference)
Title, headline, chapter name: Document Management, Digital Libraries and the Web
Quote Type: Direct quote
Page number or URL of document at time of study: http://www.isoc.org/HMP/PAPER/243/html/paper.html