At the DOCsec conference last week, I met Tyler Close from Waterken Inc. who was speaking about his capability-based security system for web services and applications.
A couple of things struck me as interesting about Tyler's approach to web application design :
I wish Tyler well with his commercial efforts, although I can't help thinking he has a major task ahead of him to not only evangalize a new approach to web services and application design (the web-calculus), but bring people up to speed with the security model they are not very familiar with (capabilities) and which probably seems like "magic" to many people.
Of course, there are many people working on the latter too, and erights.org (the home of the E secure P2P scripting language and Elib Java library) provides some useful pointers.
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