IOTA Foundation, a non-profit foundation focused on distributed ledger technology (DLT) and permissionless ecosystem development, announced today that its open source Tangle technology will power a new biometric authentication system that uses palm vein patterns as means of identification.IOTA said this week that the The IAMPASS Proof of Concept (PoC) is yet another “milestone for IOTA's developing ecosystem” and another piece of the organization's evolving Smart City initiative.Using biometric technology, IAMPASS technology scans the structure of the veins inside a person's hands to create a unique identity for each user, enabling easy authentication and verification. The technology offers an advanced solution for generating immutable audit trails for high-security environments, including data centers, airports, and stadiums, by employing dedicated MAM (Masked Authenticated Messaging) streams from access points. Other use cases include facility access points, smart car charging, asset management and a plethora of other identity-dependent environments.Dominik Schiener, co-founder and co-chair of the IOTA Foundation, said: “Identity is still one of the biggest unsolved problems today, as the inability to easily identify, verify and authenticate causes significant friction for users and service providers worldwide. This is why we are excited about the IAMPASS Proof of Concept, which uses the IOTA permissionless distributed ledger to make identity not only portable, but also give users access 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.”Toan Nguyen, Director Business Development & Cloud Platform, added: “Distributed ledger technologies are becoming a key component of new smart city and transformative digitalization initiatives, especially with regard to data management and security. The unique design of the IOTA Tangle makes it ideal for the emerging security applications of digital identity and personal data in these connected environments. 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.”
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