Newsweek: The Big Secret.
“As now envisioned, Palladium will ship ‘in a future version of Windows.’… By then the special security chips will be rolling out of the fabs, and the computer makers — salivating at an opportunity to sell more boxes — will have motherboards to accommodate them. There will also be components that encrypt information as it moves from keyboard to computer… and from computer to screen… Only certain applications will access the part of Windows (nicknamed ‘the nub’) that performs Palladium’s functions with the help of the security chip…
“The first adopters will probably be in financial services, health care and government… Then will come big corporations, where information-technology managers will find it easier to control and protect their networks…
“Finally, when tens of millions of the units are in circulation, Microsoft expects a flood of Palladium-savvy applications and services to spring up — that’s when consumers will join the game…”
[via Wes, who says, “This can’t be good.”]