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We are announcing the launch of Passkey, a biometric authentication for card payments that’s fully compliant with RBI's two-factor authentication framework. We launched this industry-first partnership with Mastercard and Visa. Almost a third of payment failures on cards in India trace back to OTP friction; delayed delivery, wrong entries,...

87,162 просмотров • 4 месяцев назад •via X (Twitter)

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This is so insane Wells Fargo has a real US patent titled “Smart Dust Usage” It’s a system for using tiny airborne microelectromechanical systems, commonly called “smart dust,” for biometric authentication during financial transactions Patent number US11354666B1, granted June 7, 2022 I looked into this and it’s crazy The patent mentions sensors that will - Collect biometric data like heart rate, blood pressure, body temperature, motion, voice, images and more - Be released into the air near the user, like at a payment terminal - Compare that data to a user profile to verify identity before approving a payment Keep in mind this is conceptual, but this shows they are working on it The patent is for future technology. The patent itself is only about biometric authentication for payments, not programmable CBDC But you can see how this could be used for CBDC Once your identity is confirmed, the system communicates with the CBDC network. The transaction only clears if it complies with programmable rules attached to the money, Because the dust collects continuous biometric data during the transaction, the system could theoretically: - Detect “suspicious” behavior (elevated heart rate = possible coercion/fraud). - Link your purchase history, health data, political donations, church giving, books bought, etc., to your CBDC wallet. - Automatically freeze or reverse transactions that violate programmed rules. This is theoretical but you see how this could be terrifying

Wall Street Apes

36,539 просмотров • 2 месяцев назад