How can I create a sate key generator based on a Computer ID and Password?

From: Shahram (pishgamsoft_at_hotmail.com)
Date: 12/30/04

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Date: 30 Dec 2004 03:13:13 -0800

Hi
I am trying to use a Public/Private key scheme to create a copy
protection method.
Input data are:
Computer ID (a string based on for example computer vendor serial
number)
Private Password: for generating a valid KEY
Public Key: for validating a KEY
But I don't know how to start.
In fact I need a flow chart (a path).
Please guide me.