Big Blue's loss is the Higgins Project's gain -- but then again, IBM isn't really losing anything, and a gain for Higgins is actually a gain for the open source community as a whole.
IBM just donated its Identity Mixer to the Higgins project, which is geared toward making various authentication systems on the Internet work together so that users can more easily manage Internet passwords. Identity Mixer allows users to encrypt their personal information each time they transact business online.
As a Platinax story puts it, the tool creates a different online "pseudonym" for each user transaction. Before completing a sale, vendors are required to pass the pseudonym on to the user's bank or lending institution for approval or rejection. The vendors, in other words, never have control of actual credit card numbers or other personal information.