Hitachi and Concordium Develop Biometric Crypto Wallet Eliminating Seed Phrases
-
Hitachi Research & Development and Concordium Foundation are developing a biometric crypto wallet that uses fingerprints or facial recognition instead of seed phrases.
-
The wallet will allow users to generate and reimport their accounts by scanning their biometrics. This removes the need to store and remember seed phrases.
-
The wallet leverages Hitachi's Public Biometric Infrastructure (PBI) and Concordium's identity framework to create biometric-based accounts.
-
If a user loses access to their device, they can import their wallet into a new device by scanning their biometrics again.
-
Biometric data varies between scans, so Hitachi used specialized technology to train the software to recognize multiple scans from the same person.