Anonybit answers the call.
Fintech, Data Storage Providers, VPN/Password Managers
Whether you maintain a crypto wallet, password management or data storage service, you probably already acknowledge the importance of splitting and distributing keys to avoid a single point of failure when handling your users’ sensitive data. Now, extend that to authentication and ensure that people really are who they claim to be when they access their accounts.
Reduced Burden of Regulatory Compliance
Banking and Other Enterprises
Current GDPR and KYC regulations have imposed a significant burden for compliance and maintaining a system of record on accountholders is fraught with new data protection risks and challenges. The resulting PII is highly sensitive yet critical to onboard new users and authenticate access into accounts. Anonybit eases the burden by storing KYC data safely through its decentralized infrastructure and allows access through strong biometric authentication. There is no third-party ownership of the data and users alone can select which service and when they want their biometrics to be used.
Privacy by design
The call for decentralized storage of citizenry data is growing louder as governments too, are prone to data breaches and hack, yet requires the integrity of its systems in order to deliver services, collect taxes and manage administrative tasks. Anonybit’s infrastructure easily integrates with ID systems and acts as the backbone to biometric solutions for online and offline authentication.
If you collect it, anonymize it.
- True privacy by design minimizes data protection issues
- Out of the box regulatory compliance and limited exposure to the risks associated with managing PII
- Ensure strong authentication even when a user presents with a new device or in a new application
- Can use any personal or public/shared device or kiosk to authenticate without re-enrolling
- Reduced risk of impersonation by a hacker who uses stolen PII or easily-guessed passwords
- Maintain full control of your data usage in accordance with data protection regulations