Project for the Widespread Use of Cryptography Technologies

October 26, 2016

Project for the Widespread Use of Cryptography Technologies
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With the support of LACNIC’s FRIDA Program, experts at NIC Chile Research Labs (University of Chile) are developing a new electronic signature system to promote widespread access to cryptographic technologies.

FRIDA awarded a US$20,000 grant to this ICT development project titled “Replacing HSMs with Software Based on Threshold Cryptography,” which seeks to allow smaller organizations to conduct secure transactions by using an information encryption system and low cost storage that will achieve or exceed the level of security provided by the hardware security modules (HSM) available on the market.

Progress made by the project was presented during the LACNIC 26 /LACNOG meeting held in Costa Rica.

Javier Bustos, director of NIC Chile Research Labs, noted that the initiative had been received with great interest.

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What is the project about and what is its main goal?

The project involves the construction of an electronic signature security module (widely used, for example, in DNSSEC and financial institutions) based on the paradigm that keys are no longer stored by a single monolithic (and expensive) entity. Instead, security is achieved by distributing parts of the key.

The idea is that signing does not require every part of the key and that at least half plus one is enough. This means that the unavailability of one of the signers will not be an issue.

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