Bitcoin Wallets to Adopt Biometric Authentication?
Bitcoin wallets are already known to be very secure, as most feature a multisig verification and provide both public and private keys for users. However, recent hacking incidents and online theft could lead some companies to consider biometric authentication. Just recently, HYPR Corp. announced the availability of its biometric authentication SDK which could be used for third-party integration. This means that bitcoin wallets could be able to add yet another layer of security to their services. Bitcoin Wallets Authentication. The HYPR SDK enables enterprises to seamlessly implement....
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HYPR Corp. Device-agnostic Platform has been developing a military class Biometric Authentication system for corporations, government institutions, and other Enterprises. Today, security has become of an extreme importance for any company. While passwords have proven to be a fragile protection for securing critical systems, a new breed of biometric....
Two-factor authentication is an industry standard pushed widely by the Bitcoin community over the past few years. Most users are pressured to secure their funds and accounts to the maximum degree as it's their money and their responsibility. Hyprkey is stepping up the industry standard with their biometric tokens based on three-factor authentication. At only the size of a nicotine patch, the HYPR-3 sticker reportedly secures and authorizes everything with a fingerprint. In a recent press release, CEO of Hypr Corp George Avetisov laid out a vision for the future of the extra level in....
HYPR, an encryption-specific solution to enable secure biometric login authentication, announced on Tuesday that it has secured $3 million USD in funding from RTP Ventures, Boldstart Ventures and Mesh Ventures. This announcement, coupled with an ever-increasing roster of multi-national customers in the banking industry and beyond, underscores the fact that biometric authentication is a key realm for advancement in login security, person-ability, and user control in securing biometric data. Speaking to the excitement of the partnership, Ed Sim, managing partner and founder at Boldstart....
HYPR Corp., a New York, N.Y.-based firm which decentralizes the storage of biometric data to enable secure passwordless authentication across mobile, desktop and IoT systems, has partnered with Palo Alto, Calif.-based BitGo, Inc. to extend biometric authentication to the blockchain space to secure cryptocurrency, digital assets, private keys and identities. The alliance links biometric security with the blockchain. BitGo secures more than $1 billion per month in digital assets with over 10,000 transactions on any given day. The company recently announced a new feature – BitGo Instant,....
The biometric security startup HYPR just announced it has raised $3 million to scale its enterprise biometric solutions. HYPR: Biometric Authentication Adds Additional Value to Blockchain Solutions. HYPR, founded in 2014, is focused on two important technologies that may change the way we do business. The company combines biometric security with....