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Author Topic: [2016-05-01] HYPR CEO: Blockchain Becoming ‘Ubiquitous’ in Banking Sector  (Read 208 times)
secone (OP)
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May 01, 2016, 04:05:30 PM
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Tell me a little bit about HYPR. What kind of biometrics do you do?

Just a little bit about us. We provide a technology called biometric tokenization. It’s a relatively new term. Are you familiar with FIDO, or the FIDO Alliance, or the FIDO protocol — Fast Identity Online?

No, I’m not.

Ok, so it’s an open standard for biometric authentication. When you use your Samsung S5 or S6, or log into your paypal account, you’re using a FIDO-based authentication channel. The purpose of FIDO is to push an open standard that was designed by Google, Microsoft, Bank of America — some of the key players in tech — to decentralize and secure biometric data.

http://bitcoinist.net/hypr-blockchain-ubiquitous-banking/
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