“Thanks to the partnership, BitPay will now process Bitcoin payments made to Onfido, while Onfido’s selfie-based authentication technology will be leveraged by BitPay for Know Your Customer purposes.” Having helped to bring so many into the cryptocurrency market, Onfido can now accept payments in Bitcoin, thanks to a new partnership. The company has teamed up…
Embedded Downloads has launched the Embedded Vault, a digital BitCoin wallet placing a premium on security. The wallet’s key feature is its use of dynamically generated private keys that are never stored. The system needs to be downloaded on both the user’s smartphone and PC, with a Bluetooth connection enabling communication between the apps. The…
“A user must declare their residence, present two pieces of government-issued identification, and submit to either a fingerprint, face, or iris scan in order to get certified.” A new, biometrics-based cryptocurrency is now available for purchase. Called AML BitCoin, it was created by NAC Foundation, which says it’s the first cryptocurrency to comply with Know…
Mobile bitcoin wallet provider BitPay has announced a new version of its eponymous app that introduces biometric security. In addition to other features including UI improvements and support for Portuguese, BitPay version 3.1 now features fingerprint-based app locking, along with a new PIN code feature. Announcing the improvement in a blog post, the company called…
A cryptocurrency exchange service is taking advantage of biometrics to foster a sense of security among users. The service, Coinbase, facilitates the trade of the Bitcoin and Ethereum digital currencies. The company says that because the value of these currencies is determined by the free online market, there’s a heightened risk of fraud, and as…
Biometric IT security specialist HYPR has announced a new partnership with BitGo, a cryptocurrency blockchain platform. BitGo is a security-as-a-service platform offering a blockchain vault for all transactions conducted via the Bitcoin cryptocurrency, reportedly processing more than a billion dollars’ worth of digital money every day. Given the sensitivity of the associated data, the platform necessarily requires sophisticated…