Saudi Banks Set to Curb Card Theft with DLT and Biometrics

Saudi Banks Set to Curb Card Theft with DLT and Biometrics
фото показано с : btcmanager.com

2019-6-26 15:00

In a bid to make it impossible for fraudsters to use stolen cards to withdraw money at automated teller machine (ATM) points, ShoCard, a mobile blockchain-powered digital identity platform has developed an identity management solution that combines biometric and distributed ledger technology (DLT).

The system is now being trialed by Alhamrani Universal, Saudi Arabia’s largestRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Источник: btcmanager.com

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Alhamrani Universal (AU) the largest ATM provider in Saudi Arabia, has announced a partnership with ShoCard, a blockchain-based identity authentication platform, to develop a biometric ATM prototype that will enable consumers in the region to use their blockchain-based app... Source