Bitcoin, Crypto currency, Blockchain

IOTA: palms-verification to protect data – Coin Hero

f45b47105052154579b2c586139a350a - IOTA: palms-verification to protect data - Coin Hero

IOTA Tangle: palms-Scans to protect personal data in a decentralised System

Home News IOTA Tangle: palms-Scans to personal data in a decentralised System is to protect

Of
Stefan Bachmann
26.10.2018

The term “palm Scans” leaves many people a little nervous. Many imagine that their “fingers prints” in the wrong hands, or you give to much of himself. In the world of decentralised Blockchains, in that the processes are transparent and there is no Central unit that our data miss or sell could need, such Scans, however, a little more sense.

Advantages of vein biometrics

IOTA would like to use, even for the protection of our personal data, and has developed IAMPASS, which scans the surfaces of the veins of our hand, in order to grant us access to a range of services, without the need to enter data such as our E-Mail address, our Bank account, our address, and similar price. For companies, this protect could have advantages, since less money needs to be invested in security systems, the users of data. So, instead of personal data to a Central organization and they confide in her, information is stored securely on the Tangle-DLT. We verify only by our own Blockchain-identity: Our palm. Data can be shared with a third party, by it alone the palm of your hand will be scanned.

The co-founder of the IOTA Foundation, Dominik Schiener, called identity “as one of the greatest unsolved problems of today”. The Lack of an easy identification, Verification and authentication for users and service providers to problems. The IAMPASS-Proof-of-Concept don’t make the identity of users can be used anywhere, but would that every user has his own data, and even access to it. If IOTA can penetrate through the technology of the DLT market and the purchase of the IOTA is perhaps pushed even forward, it will turn out.

View this post on Instagram

A post shared by Nala (@iota.news) on Sep 5, 2018 at 11:19am PDT

Vein biometrics could protect our Bank details and more

Tangle would like to use the veins of our Hand, in order to verify our identity. The so-called vein biometrics utilizes the pattern of our veins and blood flow, in order to identify us. Both remain our whole life is equal and thus leads to a clear identification. Through the Scan, we could make use of a number of services to use, without the need for our data type, and to rely on a Central authority. This may include our Bank, car rental or other services for travel and a lot of other things, for the a lot of highly sensitive information from us is needed, and where they are stored in a Central location, possibly even to unknown third parties or resold.

Authentication through the veins of our Hand had been “high-precision, hygienic and designed to reduce counterfeiting, forgery, and other illegal activities that can be used to to important information and secure areas access”, says Schiener.

Interaction between the Blockchain and the Internet of things

IOTA’s goal is to develop the interaction between the Blockchain and the Internet of things (Internet of Things) and to improve. IOTA Tangle, the IAMPASS is a Distributed Ledger technology that was developed for the Internet of things. The goal of Tangle is to network entire cities, writes Invest In Blockchain. It should allow for improved and practical systems, as well as secure data transfer and, in addition, toll-free, instant payments offer, says the Website.

IAMPASS is the product of a technology company from Singapore. The goal of the company is with the Tangle compatible: It wants to create decentralized products that can be used by users easily and used. Should be in the foreground in systems such as IAMPASS the user and in a networked world without compromising on important things like safety and security, or to have in this area is unnecessarily limiting. This and many more developments contribute to the fact that crypto-currencies are in everyday life increasingly popular, which in turn has a positive effect on their courses.

Leave a Comment