Friday, March 1, 2019

These ‘Biometric Blockchain ATMs’ Scan Your Face to Fight Dark Web Card Fraud

Cutting-edge blockchain ATM prototypes are being rolled out in Saudi Arabia with a unique take on granting users access to funds. The ATMs use biometric scanners to scan the face of each account holder as part of a five-factor authentication process secured by a blockchain app being used by the largest ATM provider in the Middle East. Biometric Facial Recognition With Blockchain Face-scanning verification has the potential to make PIN codes obsolete. Source: CCN / Conor MaloneyThe ATMs are the result of a partnership between Alhamrani Universal (AU) and blockchain mobile-identity platform ShoCard. The five-factor authentication process includes facial scanning,

The post These ‘Biometric Blockchain ATMs’ Scan Your Face to Fight Dark Web Card Fraud appeared first on CCN



source https://www.ccn.com/biometric-blockchain-atm-fight-dark-web-card-fraud

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