Keyo Launches First Biometric Identity Network Using Palm Scanning Technology | news

NEW YORK–(BUSINESS WIRE)–Aug. November 2022–

Keyo, the privacy-obsessed biometric identity company, today announced the launch of the Keyo Network, a global biometric identity system featuring the industry’s most powerful palm scanner and software platform. Keyo enables anyone to verify who they are and access what’s theirs with a contactless scan of their hand, giving people the power to open doors, pay in stores, redeem tickets, and more without phones, keychains, cards or keys.

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The Keyo Network was designed to create a convenient and consistent experience for people across different companies, countries and use cases. It is based on patented hardware and software that maps and encodes the unique patterns of the palm and can be scaled to billions of users. The Keyo network consists of:

  • The Keyo Wave: Powered by Keyo’s patented multispectral palm imaging technology, the Wave is the industry’s most powerful handheld scanner, offering incredible flexibility for identifying palms at varying distances, angles and poses, such as: B. flat or hollow offers.
  • The Keyo Mobile App: People can log into Keyo, link accounts such as credit cards and manage their data and authorizations with the Keyo App for smartphones.
  • The Keyo Partner Program and App Store: Designed for enterprise use cases, the Keyo Partner Program and App Store enables Keyo partners to quickly add contactless, convenient and secure biometric identity to their own products and services.
  • The Keyo Identity Cloud: The Keyo Identity Cloud is scalable to billions of users and backed by military-grade encryption. It allows users to instantly and privately identify themselves to any company participating in the Keyo network based on a simple scan of their hand.

“We are on a mission to create the first truly secure, private and seamless global identity system – a paradigm shift in how we identify ourselves in our daily lives,” said Jaxon Klein, CEO of Keyo. “The platform is purpose-built for scalability, compliance, and interoperability so partners can easily add a biometric identity to their own products and services, and people no longer have to rely on scraps of metal, paper, or plastic to identify themselves. ”

Keyo was founded in 2015 with the aim of providing the convenience of biometric data without compromising privacy, data security or personal freedom. Over 15,000 Keyo devices are already in use around the world, allowing patients in the US to check in for hospital appointments, employees in Mexico to unlock office doors, shoppers in Rwanda to pay for purchases and much more. The company has raised $7 million to date from visionary investors and operators like Netflix co-founder Marc Randolph.

“I’m thrilled to be on this journey with Keyo,” said Marc Randolph. “I’ve always been interested in real consumer innovation, and Keyo has the potential to simplify the way millions of people interact with the world.”

The human hand has millions of unique data points that set us apart and change little over time, making it an ideal biometric identifier. Some of these data points, such as Samples, such as those of our palm veins, reside inside the body, making them virtually impossible to obtain without consent. Keyo’s choice of the palm tree for its biometric identity system is just one of the ways the company is protecting consumer privacy. With military-grade encryption and support for major privacy and security frameworks such as GDPR, SOC, BIPA, and CCPA, Keyo’s technology ensures a secure experience for partners and users.

The problems that the Keyo network can solve range from minor inconveniences, like forgetting your wallet or keys, to major crises, like restoring the identity of people experiencing a natural disaster or political instability. In a world that’s increasingly connected and globalized, Keyo is building a future where everything everyone needs to move through their day comfortably and safely is in the palm of their hand.

Companies interested in implementing Keyo technology can visit www.keyo.com for more information.

About Keyo

With Keyo, anyone can prove who they are and access what’s theirs with a contactless scan of their hand. Our patented hardware and software maps the palm’s unique patterns and encrypts data at registration, so everyone can enjoy the convenience of biometrics without compromising privacy. Keyo gives people the power to open doors, pay in stores, redeem tickets, and more without phones, cards, or keys. Visit www.keyo.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221109005988/en/

CONTACT: Michal Kaplan-Nadel

Moxie Communications Group

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEY WORD: SOFTWARE OTHER RETAIL HARDWARE DATA MANAGEMENT BIOMETRICS APPS/APPLICATIONS TECHNOLOGY CONSTRUCTION & REAL ESTATE SECURITY RETAIL BUILDING SYSTEMS HEALTH

SOURCE: Keyo

Copyright Business Wire 2022.

PUB: 2022-11-10 10:14 / DISC: 2022-11-10 10:14

http://www.businesswire.com/news/home/20221109005988/en

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