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Anonybit Raises $3M To Further Build Out Biometric Security Platform Genie

Anonybit Raises $3M To Further Build Out Biometric Security Platform Genie

10/17/23, 2:47 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$3 million
Industry
biometrics
cyber security
security
Round Type
seed
Investors
Anonybit
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Company Info

Company
Anonybit
Location
new york, united states
Additional Info
Decentralization of data is key for maintaining personal privacy, data protection and digital security. Yet, today’s solutions fall short. Centralized databases are prone to hacks and device-based solutions leave gaping security holes that fraudsters exploit. Anonybit goes to the root of the problem – how biometric data is stored and managed. Instead of building higher walls around centralized databases or storing biometrics on devices only to use passcodes as a fallback, we ask, what if there was no data to find? What if there was no biometric template to store? Welcome to Anonybit. The world’s first FULLY decentralized biometrics, where personal privacy meets digital security.

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