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Although the NSTIC people probably are not aware of it there are
several "predecessors" out there.
One group originated by IdentTrust back in the late 90'ies tried
(still does) creating a commercial ground for TTP-issued
credentials.
They have largely failed due to lack of business model. I.e. is it
the user or the relying parties that should pay for the credential?
In reality these schemes have morphed into outsourced identity
provisioning for government agencies where the government agencies
fund the service regardless if the end-user is a citizen or a
government employee.
So if NSTIC wants to succeed they can safely put that alternative
away since enterprises haven't bought into this scheme.
Another alternative would be creating a more flexible credential
solution where you may have multiple credentials. A difficulty is
that you indeed must create the technical foundation because
the already mentioned schemes typically based on the USG's PIV and
CAC cards doesn't really cut it. So what's the problem with
creating a flexible credential solution you may wonder? Well, to
begin with there is absolutely no consensus what such a thing would
be.
There are only three vendors in the world that could create a
suitable platform for NSTIC. I have a feeling that they'd hoped for
another answer but if we take the financial sector and their half a
BILLION of on-line users still having problems with phishing, it is
pretty obvious that solving the middle-east conflict or US deficit
may be simpler than getting something novel off-the-ground on the
Internet for authentication.