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About: Transient-key cryptography     Goto   Sponge   NotDistinct   Permalink

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Transient-key cryptography is a form of public-key cryptography wherein keypairs are generated and assigned to brief intervals of time instead of to individuals or organizations, and the blocks of cryptographic data are chained through time. In a transient-key system, private keys are used briefly and then destroyed, which is why it is sometimes nicknamed “disposable crypto.” Data encrypted with a private key associated with a specific time interval can be irrefutably linked to that interval, making transient-key cryptography particularly useful for digital trusted timestamping. Transient-key cryptography was invented in 1997 by Dr. Michael Doyle of Eolas, and has been adopted in the ANSI ASC X9.95 Standard for trusted timestamps.