Until recently, biometric identification methods, due to their high cost and complexity of technology, were the preserve of only the banking sector, the defense industry and large capital. But times are changing, know-how that seemed unavailable yesterday is becoming cheaper and becoming commonplace in our lives.
The capitalization of the biometric services market, according to experts, currently exceeds 10 billion US dollars, and according to forecasts, by 2020 this number could reach almost 24 billion US dollars, an increase of 17.9%.
Could anyone have imagined five years ago that the price of biometric sensors would fall so much that their integration into mobile devices and further mass production would reach tens of millions of units per year? year?
With the growing popularity of Blockhain and cryptocurrencies, biometric know-how could not help but find application on these sites.
Starting in 2014, the idea of the convergence of two revolutionary technologies: Blockchain and biometric algorithms for personal recognition, finds its application in authorizing users without the restriction of anonymity.
As an example of the implementation of these ideas, we can consider a number of the most successful startups in this sphere.
1. Ctartup AML Bitcoin is from NAC Foundation, LLC (“NAC”), USA.
NAC Foundation, LLC (“NAC”),registered in Las Vegas, Nevada, USA, which specializes in the development and application of blockchain technology and digital currencies, announced in the second half of 2017 the creation of a completely new cryptocurrency AML Bitcoinand launching an ICO. NAC's AML-KYC Compliance Mission Statement was first published in September 2014. After two years of involvement and development, NAC's commitment to the original idea of creating an AML-KYC compliant cryptocurrency earned it membership in the American Banking Association (ABA).
Moreover, NAC CEO Marcus Andrade was the first to invent and patent NAC technology (patent application numbers: WO 2016156954 A1, EP3073670A1, US20160283941), which allows you to control and track the identifiers of cryptocurrency senders and recipients when necessary. Subsequently, using this methodology, NAC developed its first digital currency - the Aten coin, which formed the basis of the new cryptocurrency AML Bitcoin. Thus AML BitCoin (unit: AMLBit) is the successor digital currency to the Aten coin..
AML Bitcoin technology is built in such a way that the user must confirm or reject if he already has a certified digital identity obtained from the DTN (Digital Identity Trust Network). If so, the user opens the biometric mobile application and completes the biometric verification process.
If the user already has such a digital identifier, the user knows that the transfer of their AML-KYC data is being controlled. If the user does not have a certified digital identity associated with DTN, the user selects their country of residence and state or province, and then the user selects from a list of approved locations where they can create a certified digital identity profile.
The user must have two forms of their current government issued documents, such as a passport and a driver's license. Next, the user provides a biometric scan of the face, eye diaphragm or fingerprint. Upon completion of the biometric identification procedure, the user will have a digital ID that can be used to verify and identify him in the future using the corresponding biometric mobile application.
2. Startup BioSSL from QiSQi Identification Solutions, United Kingdom.
This company with 10 years of experience in the field of biometrics is known for its creation for law enforcement agencies program MABIS (Mobile Automated Biometric Identification System), a mobile application designed for online biometric registration and further identification of attackers and victims according to the database of law enforcement agencies.
QiSQi developers have set their sights on biometric replacement of the most popular authentication methods in the form of passwords and PIN codes. At the same time, they proposed an inherently revolutionary idea of creating a separate Web protocol for digital data exchange on the Internet calledBioSSL, which will allow user authorization in a secure mode based on decentralized crypto-resistant (Blockchain) storage of biometric keys.
This solution should allow the banking sector, various financial institutions, eCommerce & eGovernment representatives to interact with their clients through their biometric identification. It is expected that desktop and mobile applications based on BioSSL will have to be integrated into existing payment solutions as online banking, and payment terminals.
At the same time, the merger of two reliable and promising technologies Blockchain and biometrics, according to expert in this field Michael Chace, will be able to double the security of users’ personal information: “I think it is a good idea to combine the use of biometric templates and reliable data processing in the Blockchain database, similar to the system developed for managing Bitcoin. This will allow us to develop a reliable way to ensure banking or financial transactions using our own biometric data. Johann Cauberg, head of BioSSL and a 15-year veteran of the biometrics industry, also sees great potential for the opportunities that biometrics can unlock for Blockchain technology. In his own words, “Biometrics capabilities can complement Blockchain, eliminating its current potential weaknesses and strengthening the security of information on the user side. BioSSL does not plan to store data locally, which is the most vulnerable point of existing online biometric user identification systems.” on the contrary, BioSSL uses one-time some unique functions and security logic that are a trade secret.
Similar BioSSL functionality is also offered by a startup from the company HYRP Corp. (USA).
3. href="https://www.civic.com">Civic from the development team Civic Technologies (USA).
The Civic platform was conceived as a kind of identity management service using Blockchain, which plans to use their personal credentials simultaneously with biometric ones when verifying users in real time.. The startup also offers additional features that should help protect users' personal data by notifying users about debits, fraud identification, and 24/7 access to anti-fraud support.
As conceived by the developers, their startup offers a certain mathematical model, which schematically looks like this. After a user registers in the Civic application, his personal identification data, depending on the location, is transferred to a third party (a government agency or a company that verifies such data).
Later, after successful verification and confirmation of the client’s identity, Civic converts this data into a cryptographic hash and integrates it into a certain Public Blockchain.
And only after successful integration - deletes personal data from its servers.
Then, if the user wants, say, to quickly and online verify himself in some other service, he also fills in the personal data requested for registration.
But - it is in the future that the verification process takes a negligibly small amount of time, since the “new” service, in turn, sends this personal information to Civic, where it is uniquely mathematically compared with the user’s unique hash previously stored in the Blockchain.
After almost instant confirmation that the user’s personal data matches his hash, such a service connected to the Civic platform no longer needs to store the user’s personal data for identification and authorization.
But the most important know-how here is precisely that neither Civic nor any other service stores your personal data, which in the event of a hacking of Civic’s servers will never be affected, since it is stored locally only on your device.
To sum it up As a result, I would like to note that today we are all at the origins of the Blockchain revolution, while we are yet to see its extraordinary results in the foreseeable future.
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