Google's Authentication Research
Google is working on non-password authentication techniques.
But for Google’s password-liberation plan to really take off, they’re going to need other websites to play ball. “Others have tried similar approaches but achieved little success in the consumer world,” they write. “Although we recognize that our initiative will likewise remain speculative until we’ve proven large scale acceptance, we’re eager to test it with other websites.”
So they’ve developed a (as yet unnamed) protocol for device-based authentication that they say is independent of Google, requires no special software to work—aside from a web browser that supports the login standard—and which prevents web sites from using this technology to track users.
The great thing about Google’s approach is that it circumvents the really common attack that even Google’s existing mobile-phone authentication system can’t prevent: phishing.
They have enough industry muscle that they might pull it off.
Another article.