“Shaped like a standard credit card, the new ‘wallet’ will feature an integrated fingerprint reader provided by Fingerprints for user authentication.”
A forthcoming cryptocurrency wallet will feature biometric security care of Fingerprints (FPC).
The solution is being developed by Danish smart card specialist CardLab, in collaboration with Spatium, a firm that has previously developed a software-based, digital cryptocurrency wallet. Shaped like a standard credit card, the new ‘wallet’ will feature an integrated fingerprint reader provided by Fingerprints for user authentication. It will also feature an RFID jammer to help prevent hacking and an on/off switch as further security measures.
The collaboration is just the latest development in what has been a productive relationship between Fingerprints and CardLab. The former also provided fingerprint sensor hardware for a smart card solution that CardLab put into development in 2017; and last March CardLab entered an agreement to provide card products to Thai British Secure Printing, which also entailed the provision of Fingerprint Cards technology.
This latest development bodes well for Fingerprints’ efforts to expand beyond the saturated mobile biometrics market in which it had established a leading position over the last few years, with biometric card products seen as an important new business avenue.
CardLab says its new solution developed with Spatium is expected to go into production in the first quarter of this year.
(Originally posted on Mobile ID World)