The IOTA protocol is a Distributed Ledger Technology (DLT) created by the IOTA Foundation. The company announced they will power a biometric identity authentication system using users’ palm vein pattern.
The DLT developed by IOTA that will be behind the biometrics is called Tangle. The project has acquired the name “IAMPASS Proof of Concept”.
The process involves users to scan their palm vein pattern, that is unique to each individual. When a user enters a high-security location or access secure documents, the scan will place it on the immutable blockchain to create a paper trail. This new platform will be instrumental in combating identity theft. Users will also be able to manage accounts and control their personal data with the foundations new system.
IOTA’s director of business development and cloud platform, Toan Nguyen, claims that Tangle’s design will provide security and portability concerning a users digital identity and personal information.
“Together, we expect the IOTA ecosystem and IAMPASS to help drive the next phase of digital identity management for high secure environments like data centers and in the smart city.”
Dominick Schiener, the co-founder of IOTA foundation, believes that IAMPASS Proof of Concept will help not only with validating authentication, but also help with the adoption of distributed ledger technology. Schiener commented:
“This is why we are excited about IAMPASS Proof of Concept, which uses the IOTA permission-less distributed ledger to make identity not only portable, but also give users assess and ownership over their own data. With the maturation of identity solutions like these, we will see the IOTA ecosystem providing a key technical puzzle piece for the adoption of distributed ledgers.”
IOTA has been involved in the development of identity solutions for sometime. IAMPASS is the latest product to fill their roster.