The move to give everyone a global unique ID that can be verified across nearly all human activity continues to be incrementally rolled out.The fear of identity theft and cyber-banking crime of all stripes has been the sales pitch to accept identity tech such as facial recognition, iris scans, vein scans, voiceprinting and fingerprinting, as well as their attendant databases.
Digital sign-in services, smart cards and a range of biometrics have all been offered as perfect solutions that are starting to enter the market at many levels. Moreover, there is an ongoing cooperative effort between global banks and corporations to ensure that there will be standardized, centralized entry into the consumer/internet/banking matrix of the future. Couple this with the (hackable) “Internet of Things” entering our homes whether we approve or not and we are finding ourselves at the threshold of a new reality.
A London-based research and consultancy group called Goode Intelligence reveals the evolution of wearable technology and biometrics in a recent update to their forecast of the global biometric industry and authentication agenda.Goode Intelligence, the leading research and consultancy organisation for the mobile biometric industry, today issued an update to its latest analyst report forecasting that by 2019 there will be 604 million users of wearable biometric technology globally.
The next wave of consumer-led biometric adoption will be led by the integration into wearable technology – smartwatches, bands, ear-pods, jewellery and glasses. The wearable device, thanks to its biometric capability, will become the prime personal authentication device allowing authentication and identity verification for both the physical and logical worlds.
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