According to Eric Le Saint of the company ActivIdentity, co-inventor in the patent application, the development has been sponsored by the US Department of Defense.
The inventors have declared the contributions to OPACITY to be a statutory invention with the United States Patent and Trademark Office, essentially allowing royalty-free and public usage of the contribution. The protocol has been registered as an ISO/IEC 24727-6 Authentication Protocol and is specified in the draft ANSI 504-1 national standard (GICS).
Open Protocol for Access Control, Identification, and Ticketing with privacY is a family of Key-Exchange protocols based on Elliptic Curve Cryptography.
Open Protocol for Access Control, Identification, and Ticketing with privacYcomes in two versions, called Zero-Key Management (O-ZKM) and Full Secrecy (O-FS).
The parties in the O-ZKM protocol run a Diffie-Hellman key-exchange based protocol using an Ephemeral Key on the terminal’s side and a static (presumably on-card generated) key for the card.
This is a Cryptographically Weak approach as the terminal only uses Ephemeral Keys, anyone can in principle impersonate the terminal and successfully initiate a communication with the card!