Concordium Foundation to collaborate with Hitachi on biometric electronic signatures

Swiss permissionless Layer 1 blockchain provider Concordium Foundation has announced a collaboration with Japanese IT company Hitachi on proof-of-technology for a Web3 wallet for Concordium blockchain that uses biometric electronic signatures. A release says the biometric wallet aims to improve convenience and reduce risks associated with the multi-word seed phrase typically used to recover lost wallets.

Concordium blockchain’s zero knowledge self-sovereign identity frameworks and their integration into mobile devices provides enhanced identification capabilities verified by a third party, revealing only …

biometric biometric-authentication biometrics news blockchain collaboration concordium convenience digital wallets electronic-signature foundation hitachi japanese layer 1 mobile biometrics proof release risks seed self-sovereign-identity signatures technology wallet web3 word