Crypto infrastructure firm Dfns adds biometric support to its wallet-as-a-service product skesslr reports
Paris-based crypto security firm Dfns has revealed plans to incorporate biometric identification into its wallet-as-a-service toolkit, allowing crypto developers to build out wallets that use Face ID, fingerprint scanners and other biometrics to secure user funds.
Yet many people continue to store their funds with companies like Coinbase and Binance. The reason? Crypto wallets can be inconvenient to use, often including private keys consisting of long strings of letters and numbers. Dfns is looking to change the dynamic by integrating biometric authentication into its wallet suite, aiming to assist developers in crafting more user-friendly wallets."The beauty of using biometrics here is that it is extremely efficient in terms of UX,” Hagège told CoinDesk.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stripe tackles ‘cold start problem’ with the launch of fiat-to-crypto on-rampStripe has launched a fiat-to-crypto on-ramp to address the 'cold start problem' that Web3 companies experience owing to clients lacking 'crypto in their wallets to carry out transactions.'
Read more »
Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm CelsiusSCOOP: Private-equity giant apolloglobal is involved in the NovaWulfDigital bid to buy bankrupt crypto lender CelsiusNetwork. IanAllison123 reports
Read more »
Hong Kong to Allow Crypto Exchanges to Trade BTC and ETH, But There's a CatchHongKong to implement crypto regulation that will let retail investors trade Bitcoin and Ethereum. crypto $BTC cryptoexchanges
Read more »
First Mover Americas: Meme Coin PEPE Surges to $1B Market CapPepecoin, the new token based on the “Pepe the frog” meme, has reached a $1 billion market capitalization. The $PEPE rally has spurred increased trading activity in other meme tokens on decentralized exchanges, according to data from IntoTheBlock.
Read more »
Senate Republicans will stand firm on debt ceiling, Mike Lee saysHe pointed to a letter signed by 43 Republicans backing the House GOP.
Read more »
Zelensky Meets with Vice Chairman of BlackRock Investment FirmFOLLOW THE MONEY: Volodymyr Zelensky met representatives from the globalist investment firm BlackRock this week to discuss the reconstruction of the country.
Read more »