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Unikeys Announces Biometric Cryptocurrency Card

August 20, 2018

Unikeys has officially announced its UKey cryptocurrency card.Unikeys Announces Biometric Cryptocurrency Card

In form, it’s shaped like any other regular payment card. But it’s designed to host multiple popular cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, and Litecoin. What’s more, it features an embedded fingerprint sensor. Once a user’s fingerprint data has been registered and stored in the card’s Secure Element, the card is then able to biometrically authenticate the user for each transaction, ensuring a high level of security.

The biometric component is the product of a collaboration between Unikeys and Hong Kong-based MeReal Biometrics, which obtained its fingerprint sensor technology from Sweden’s Fingerprint Cards. Fingerprint Cards has been very busy in recent months seeking to secure a leading position in the biometric cards market as major financial services brands like Visa and Mastercard prepare for mass commercialization of this kind of technology; Unikeys, for its part, is ahead of the curve.

Of course, a key to success for the latter company will be establishing merchant support for its card’s cryptocurrency payments, and as RFID Journal reports, Unikeys is currently in talks with “several companies” concerning this issue. Unikeys’ CEO says the company is also planning to launch a pilot for its solution in Hong Kong, though details about the project are forthcoming.

Sources: Unikeys, RFID Journal

–

August 20, 2018 – by Alex Perala

Related News

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  • Why Are Biometric Cards So Difficult to Hack?Why Are Biometric Cards So Difficult to Hack?
  • New T-Shape Module Could Dramatically Reduce Biometric Payment Card CostNew T-Shape Module Could Dramatically Reduce Biometric Payment Card Cost
  • NatWest Starts Biometric Credit Card Trials in UKNatWest Starts Biometric Credit Card Trials in UK
  • MeReal’s New Biometric Cards to Feature FPC SensorsMeReal’s New Biometric Cards to Feature FPC Sensors

Filed Under: News Tagged With: Biometric, biometric cards, biometric payment cards, biometrics, cryptocurrencies, cryptocurrency, Fingerprint Cards, FPC, MeReal Biometrics, UKey, Unikeys

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