Question

What are the risks of having the United States government select a cryptosystem
for widespread commercial use (both inside and outside the United States). How
could users from outside the United States overcome some or all of these risks?

Answer 1

Answer:

PART A

(1) Reduced access to commercial Information.

(2) Loss of Business time.

(3) Loss of foreign investment due to restrictions posed by the use of codes.

PART B

(1) Maintain a good and honest Relationship with their business partners in the United States of America.

(2) Request for codes earlier before the commencement of Business transactions.

Explanation:A Cryptosystem is a computer based system,which is aimed at ensuring that information and communication done through the internet and Computer resources are protected and done with no External influences or criminal activities.

A Cryptosystem can be advantageous and also has certain disavantages which can have impacts in the trading and commercial activities of a country if it is fully implemented in any Country.