
The one-time passwords are usually related to physical hardware tokens. Each user is given a personal token that generates a one-time password. With a press on the button an OTP is generated. Combined with a static password, this provides a strong two-factor authentication. Each one-time password can be use one time only. Tokens are typically small enough to be carried in a pocket or purse and often are designed to attach to the user's keychain. OTP could protect computor from deception attack, such as Phishing, Trojan Horse and Man in the Middle. When using OTP, users don't have to connect with computor or install any software.
Most of the vulnerabilities of fixed passwords (sniffing, guessing, hacking, etc.) would be eliminated if you constantly changed your fixed passwords. Users have natural problems retaining a single authentication factor like a password. It is not uncommon for sers to be expected to remember dozens of unique passwords. Where one factor is a password or PIN code, does not eliminate this problem. One possible solution is to have the second factor be a biometric, instead of an entity that the user needs to memorize. One-time password allow you to do just that change your password every time you log in.
Therefore, OTP is an embodiment of a two-factor authentication solution. Using two factors as opposed to one implies a higher level of security. OTP could be used to website membership identity authentication, micro payment, etc. at present. In the future, OTP would continually combine with E-Commerce to create a safety enviroment for users to access internet contentedly.
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