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Blockchain Meets Biometrics: HYPR Corp. and BitGo Announce PartnershipNEW YORK and SAN FRANCISCO, March 1, 2016 /PRNewswire/ -- A new partnership announced today between HYPR Corp. and BitGo, Inc. extends biometric authentication to the blockchain space to secure digital assets, cryptocurrency, identities and private keys. This alliance of key players brings together biometric security with the blockchain, a continuously growing public ledger of all Bitcoin transactions that have ever been executed. BitGo secures over $1 billion per month in digital assets with over 10,000 transactions on any given day - a staggering figure for any startup. HYPR enables enterprises to keep encrypted biometric data decentralized, offline and out of hackers' reach. The introduction of HYPR's decentralized biometric security platform to the digital asset space alongside BitGo enables an unprecedented push towards enhanced usability and security across blockchain-centric use cases. The BitGo-HYPR partnership will enhance customer experience and security needs on both sides of the fence for use cases such as: decentralized identity, streamlined UX through HYPR-Secure biometric login, and the integration of BitGo's multi-signature platform for HYPR customers. This partnership will help enable finacial institutions adopting blockchain and biometric security technologies to reduce friction for their customers by providing one integrated solution rather than a disjointed combination of solutions. With this partnership comes the adoption of Fast Identity Online (FIDO) security standards, signifying a major push by a digital currency giant towards the FIDO protocol. George Avetisov, CEO, HYPR Corp. said: Mike Belshe, CEO, BitGo, said: Enterprises looking to learn more about the twofold opportunity should contact [email protected] or [email protected]. About HYPR Corp. About BitGo, Inc. PR Contact: Logo - http://photos.prnewswire.com/prnh/20160229/338715LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/blockchain-meets-biometrics-hypr-corp-and-bitgo-announce-partnership-300228012.html SOURCE HYPR Corp. |