Google develops secure key project OpenSK, which could benefit cryptocurrencies

Google is working on an open source security key project whose ultimate goal is to replace passwords on the Internet with more secure authentication methods. The OpenSK solution is Google's latest development in the secure key ecosystem.


Google stated in the article:

"With the help of the researcher and developer community, we hope OpenSK brings innovative features, stronger embedded passwords, and encourages the widespread adoption of trusted anti-phishing symbols and password-free networks."

Among many similar projects, such as Solo and Somu, the search giant has taken the lead, creating its own open source “anti-phishing” two-factor authentication (2FA) method. OpenSK is written in the programming language Rust and is based on the concept of FIDO keys (Fast Online Authentication).

How does this security key work?

Traditional 2FA methods often revolve around SMS-based authentication. In contrast, the security key is injected directly into the computer to prove identity. They should keep people safe on the Internet.

OpenSK allows anyone to create their own security keys. By combining Google's open source firmware with Nordic chip adapters, a toolkit designed for various wireless communications, developers can test and extend the parameters of OpenSK on their own.

Recently, FIDO keys have become increasingly popular. They have been cited as the next step in the evolution of Internet security, with the task of advancing our online protection-all relying on our clumsy passwords and eliminating redundant security precautions.

Google says:

"By opening OpenSK as a research platform, we hope that it will be used by researchers, security key manufacturers, and hobbyists to help develop innovative features and accelerate the adoption of security keys."

How does this help Web3?

The trend towards a privacy-centric, decentralized Internet, where users have more control over their online data, often referred to as web3, continues. Advances in blockchain technology are helping people rethink how online websites are built and run. Even Jack Dorsey, Twitter's chief executive, wants to create a decentralized architecture for Twitter and other social media sites.

Google is committed to promoting more secure online services, which may benefit Web3 and make it easier for people to protect their identity online.

The OpenSK project can also encourage people to become more familiar with their home devices and control their online identities and accounts through these devices. This could drive the popularity of cryptocurrency hardware wallets-a device that helps protect Bitcoin and other currencies.

Although the hardware wallet market shows great potential, it is difficult to encourage those interested in cryptocurrencies to invest without a larger company to drive this trend. Hardware wallets are cumbersome to install and expensive. If people are used to managing their privacy and identity, the Internet will become more secure. But until then, hosting companies like Coinbase will continue to attract new entrants.