I think the 3 fundamental problems with the Cloud are: 1. We don't control the CODE (service provider-owned apps might be sharing our data), 2. We don't control the INFRASTRUCTURE (admins have access to our data), 3. We don't control the AVAILABILITY (we might get cut off).
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...so, rather than getting rid of them, we need some forms of remote... attestation of what they have deployed. (And yes, I'm using this in a broader meaning than mere TCG/SGX remote attestation).
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But the path towards doing that could flow through something like “publish an AMI (or Docker image) and provide a SIMPLE means for people to provision it on the hosting provider of their choice.”
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All the other attestation stuff is only worth a damn once you have cloud services wrapped up in easily auditable containers. And tackling that first part (with revenue and subscription services included) seems like its a single, re-usable technical task.
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