The Burton Group is putting forth the notion of a Limited Liability Persona (LLP) which would allow a person to put forth a virtual identity that could be used in place of his own personal information. The LLP would have its own name, tax ID, and other personal information. The LLP would also grant some level of liability protection to the person it represents. Kim Cameron has some thoughts about this here and links to this interesting Denise Caruso article about it in the NY Times.
OK, these are great ideas, but there is something I’m just not getting.
What is the difference between a LLP and an LLC? Obviously the LLP name is derived from LLC, but how do they differ? An LLC with a single owner seems to have all the characteristics of what the Burton Group is describing.
What am I missing here?
Identity Blogger 
(Your site asks for my email, but doesn’t say whether it will publish it. It would be great if you could give us an assurance this won’t happen.)
Good question. My first thought was that it would be way more light weight. I looked into setting up an LLC for Identityblog so I could get a high assurance certificate and it would have been incredibly complex, with ongoing reporting and accounting requirements). Let’s ask Burton…