Intel Working With China on Interoperable Crypto Standard

Intel is working with officials in China to make it crypto standard interoperable with the rest of the world.

Trusted Platform Module (TPM) is a specification that defines how crptoprocessors store cryptographic keys, and is used pretty much world wide. China, however, uses its own Trusted Cryptography Module (TCM), a closed standard. Internally, Chinese banks are struggling with TCM since it doesn't play well with others. Externally, it might be good business for Intel.

According to the The Register, Intel's Trusted Execution Technology (TXT) "relies on TPM so it needs to thrash out interoperability in order to sell it in the People’s Republic."