The IOTA foundation just announced that it will power a biometric authentication system that will use palm vein patterns to authenticate identity.
Reportedly, the system will use an an open source digital ledger called Tangle.
At the moment, IOTA Refers to it as the IAMPASS Proof of Concept
IAMPASS Proof of Concept is another milestone for IOTA’s ecosystem. It’s also another piece of the its Smart City initiative plans.
IAMPASS can scan the structure of the veins inside a person’s hands to create a unique identity for each user.
That then enables easier authentication and verification. Once in place, it can generate audit trails for high-security environments, including data centers, airports and stadium.
Other use cases include facility access points, smart car charging, asset management and identity-dependent environments
“Identity is still one of the biggest unsolved problems today… This is why we are excited about the IAMPASS Proof of Concept, which uses the permission-less distributed ledger to make identity not only portable, but also give users ownership over their own data. We will see the IOTA ecosystem providing a key technical puzzle piece for the adoption of distributed ledgers,” said Dominik Schiener, co-founder of the IOTA Foundation.
In addition, Toan Nguyen, Director Business Development & Cloud Platform added, “Distributed ledger technologies are becoming a key component of new smart city and transformative digitalization initiatives. The unique design of the IOTA Tangle makes it ideal for the emerging security applications of digital identity and personal data in these connected environments. Together, we expect the IOTA ecosystem and IAMPASS to help drive the next phase of digital identity management for high secure environments like data centers and in the smart city.”
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