GhostPass Revolutionizes Digital Security with Decentralized Biometric Authentication
TL;DR
GhostPass Inc. wins CES 2025 Best Innovation Award in Fintech, offering top-tier biometric security solutions for a competitive edge.
GhostPass's decentralized and dualized biometric authentication stores data on personal devices, enhancing security in payments, access verification, and identity protection.
GhostPass's cutting-edge biometric authentication technology revolutionizes digital security, ensuring safer financial transactions and access control for a better tomorrow.
GhostPass showcases practical applications of biometric technology with automated payment solutions like unlocking refrigerators via facial recognition, making technology fascinating and educational.
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GhostPass Inc. has been recognized at CES 2025 for its innovative biometric authentication technology that promises to transform digital security standards. The company's decentralized and dualized biometric authentication (DDBA) system provides a novel approach to securing digital interactions by storing biometric data directly on users' personal devices.
The technology, which achieved 99% authentication accuracy within 0.6 seconds, addresses critical security challenges in fintech, enterprise access control, and digital payments. By eliminating centralized data storage, GhostPass significantly reduces the risk of mass data breaches and identity theft.
Certified by Korea Testing Certification (KTC) and Korea Testing & Certification Authority (KOTCA), the system offers practical applications across multiple sectors. Demonstrations at CES 2025 included an automated refrigerator that unlocks and processes payments using facial recognition, highlighting the technology's versatility.
For businesses, the system provides substantial benefits, including enhanced security frameworks and compliance with global data privacy regulations. The decentralized model can potentially reduce authentication system costs by up to ten times compared to traditional server-based approaches.
With over 75 global patents and strategic investments from the Korea Technology Finance Corporation and Oracle Venture Investment, GhostPass is positioning itself as a leader in next-generation authentication technologies. The company's commitment to continuous innovation includes exploring emerging technologies like AI-driven authentication and blockchain security.
As cyber threats evolve, GhostPass represents a critical advancement in digital identity protection, offering a secure, convenient alternative to traditional authentication methods. By prioritizing user privacy and technological innovation, the company is setting new industry standards for biometric security.
Curated from 24-7 Press Release
