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October 5, 2017
Biometric authentication technology to realize secure trade on blockchain
Overview of PBI-blockchain cooperation technology
Hitachi today announced the development of PBI-blockchain cooperation technology, to realize secure transactions on blockchain based on the Public Biometric Infrastructure (PBI), Hitachi's original authentication technology that generates a digital signature from biometric information.
By using biometric information such as finger vein pattern which carries low risk of theft or leakage to generate a digital signature, this technology can be applied to transaction records as well as automatically generate a digital signature for predetermined conditions. As a result, secure and convenient user verification can be achieved for algorithmic transactions expected to employ blockchain, such as stock, electricity or automatic payment on IoT devices.