Entrepreneur Hector Hoyos has been hard at work perfecting biometric security. Now, the free HoyosID app from Hoyos Labs can enable Android and iPhone (News - Alert) users to eliminate passwords forever.

HoyosID uses a smartphone's camera to collect multiple biometrics including iris, periocular and facial data. Users won't have to carry around special cameras or other equipment, although the app, which is based off of the Hoyos Labs end-to-end biometrics authentication solution, could be the catalyst for offering cost-effective biometric security in many different devices.

This video can give you an idea of how HoyosID works:

"At Hoyos Labs, we understand that the solution isn't in the hardware itself," said Hoyos in a statement. "This is why we focused on creating a technology that will work with mobile devices—the HoyosID app—as most people are already carrying their phones everywhere that they travel."

In addition to collecting biometric data through the camera, HoyosID has what the company calls a "liveness" detector. In other words, no one can use a photo or video image to impersonate the smartphone's owner, login to a system or complete a transaction.

The HoyosID platform is "biometrics agnostic" because it's based on the open-source Biometric Open Protocol Standard (BOPS). Its BOPS basis enables it to support other third-party biometric technology.

After having their eye regions scanned, smartphone users can login to functions ranging from Facebook (News - Alert) to online banking. Authentication requires less than a minute to complete as the smartphone sends biometric data to a company's backend database for verification.

"Biometrics is not an end in itself; rather, it is one piece of the identity assertion puzzle that needs a secure back-end to work effectively," Hoyos explained. "We have created a secure ecosystem that will benefit both customers and corporations. The HoyosID app is changing how we think about biometrics and secure identity authentication." 

Hoyos Labs displayed their new app at CES 2014. The company has not released word on when the app will become widely available.