In contrast to World’s iris scanning, Humanity’s palm scans are more user-friendly and maintain a high level of security, according to Humanity’s founder.
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Because biometric data cannot be replaced, storing the data requires the highest levels of security, Evin McMullen told Cointelegraph.
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During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project has privacy advocates reeling and […]
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According to a recent Mastercard payment index report, the Covid-19 related lockdowns helped spread the use of cryptocurrency in three African countries, namely Nigeria, Kenya, and South Africa. The report also reveals that a greater number of consumers from these countries are “likely to use one emerging payment method in the coming year.” More Respondents […]
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The People’s Bank of China’s upcoming digital yuan card will feature IDEX Biometrics and fingerprint scanning, according to regional reports. China’s “Digital Currency Electronic Payment” or DCEP is getting closer toward launch by the day. Last week, smart card manufacturer Chutian Dragon and IDEX Biometrics announced the companies are working on a digital yuan payments […]
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It may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users walk, their heartbeat, veins, and more. Mastercard has recently revealed they “have been testing heartbeat, vein technology, and the way people walk to authenticate people.” The high tech proposal, designed to fight hackers […]
The post Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy Invasion appeared first on Bitcoin News.
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It is not uncommon for political proposals to draw a lot of heat from consumers and corporations. In Europe, a current proposal is on the table to create a massive biometrics database. The European Parliament has seemingly approved the idea, although the project has yet to be put in place. Known as the Common Identity Repository, it will contain records of over 350 million Europeans accordingly. CIR Meets a Fair bit of Criticism When a new database is created to store information on European citizens, there are genuine concerns as to what is happening exactly. When that information pertains to
The post European Parliament Approves EU-Wide Biometrics Database of 350 Million Individuals appeared first on The Merkle Hash.
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On March 5, a new hardware wallet was unveiled by U.S. tech startup Vaulttel that fits inside a mobile phone’s SIM tray. According to the manufacturer, the Intellichip SIM card uses state of the art encryption while also providing biometric authentication. Also read: 4 of Tokyo’s Hottest Nightclubs to Accept Bitcoin Cash The Vaulttel Intellichip […]
The post This New Hardware Wallet Fits Into a Smartphone SIM Tray appeared first on Bitcoin News.
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According to local reports in South Korea, demand for hardware wallets is increasing exponentially. The demand has stemmed from attempted hacks last year against domestic trading platforms like Upbit and Bithumb. Also read: Lawsuit Challenges Google’s Ban on Crypto Ads in Russia Regional Reports Detail South Korean Hardware Wallet Demand is Rising South Korean cryptocurrency […]
The post Hardware Wallet Demand in South Korea Grows Exponentially appeared first on Bitcoin News.
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