Anonybit Secures Patent for Privacy-Enhancing Biometric Authentication
Thursday, February 13, 2025
Anonybit's newly approved USPTO patent reinforces its leadership in privacy-enhancing biometric authentication, securing data through decentralized architecture while delivering high-performance identity management solutions for fraud prevention, compliance, and seamless user experiences.
NEW YORK and TEL AVIV, Israel, Feb. 5, 2025 /PRNewswire-PRWeb/ -- Anonybit, the pioneering privacy-enhancing biometric platform, is proud to announce that the United States Patent and Trademark Office (USPTO) has approved its patent for decentralizing biometrics, solidifying the company's position as a leader in biometric privacy and security innovation. The newly granted patent reinforces Anonybit's commitment to safeguarding biometric data with unparalleled privacy protections while delivering high-performance solutions for enterprises worldwide.
The wide-ranging patent underscores Anonybit's unique approach to biometric data security through its decentralized architecture, which eliminates centralized honeypots of sensitive data and leverages advanced technologies such as Multi-Party Computation (MPC) and Zero Knowledge Proofs (ZKP). By fragmenting and distributing biometric data across a multi party cloud environment, Anonybit ensures that no single point of compromise exists, significantly enhancing security against data breaches and unauthorized access.
A Milestone in Privacy-Enhancing Biometrics
"This patent approval marks a significant milestone for Anonybit and the biometric industry at large," said Frances Zelazny, CEO and Co-founder of Anonybit. "It validates our mission to redefine how biometric data is protected while enabling scalable and seamless enterprise applications. With this innovation, we're providing our clients and partners with a trusted foundation to support secure, inclusive, and privacy-first biometric solutions."
In today's digital age, where fraud and identity theft are at an all-time high, biometrics are the only way to bind an identity to a human. However, concerns about data breaches have made people hesitant to store their biometric information. There is also a common misconception that data privacy laws prohibit the storage of biometrics. In reality, these regulations mandate principles such as data minimization, privacy by design, data residency, consent, the right to know, and the right to be forgotten. Anonybit's patented technology is specifically designed to meet these requirements, eliminating the tradeoff between privacy and security once and for all.
Driving Enterprise Use Cases
Anonybit's patented technology is already being utilized by major banks, fintechs, and enterprises to address critical use cases such as:
-- Fraud prevention: Enabling deduplication and blocklisting to combat
identity fraud at account registration.
-- Seamless user experiences: Powering passwordless login and step-up
authentication.
-- Account recovery: Simplifying secure recovery processes for end users.
-- Secure data storage: Protecting wallet and identity tokens, raw images,
document scans and other data that is needed to support the identity
management lifecycle.
These capabilities empower organizations to streamline operations, close gaps that attackers exploit, and ensure compliance with stringent privacy regulations, all without degrading the user experience.
Setting a New Standard for Biometric Privacy
As the only privacy-enhancing biometric platform supporting a broad range of modalities--including face, voice, iris, and palm--Anonybit is uniquely positioned to deliver high-performance solutions that meet the needs of a diverse range of applications, from online and in-person authentication to call center environments.
As the only privacy-enhancing biometric platform supporting a broad range of modalities, including face, voice, iris, and palm, Anonybit also uniquely supports third-party algorithms to deliver top-tier NIST performance. This ensures enterprises can adopt Anonybit as a true enterprise service layer, supporting both physical and logical access control on either the consumer and workforce side with minimal effort. This achievement follows a series of accolades and industry awards recognizing the company's trailblazing contributions to biometric privacy and security.
About Anonybit
Anonybit is the leader in privacy-enhancing biometric solutions, offering a decentralized architecture that protects biometric data without compromising performance or user experience. With support for multiple biometric modalities, Anonybit's platform is used daily by major enterprises to prevent fraud, streamline authentication, and drive inclusion. Learn more at www.anonybit.io.
Media Contact
Frances Zelazny, Anonybit, 1 (201) 477-8697, info@anonybit.io, www.anonybit.io
Twitter, LinkedIn
View original content:https://www.prweb.com/releases/anonybit-secures-patent-for-privacy-enhancing-biometric-authentication-302366243.html
SOURCE Anonybit
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