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The Fintech Times

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Image Credit: The Fintech Times

G-Knot Prepares Launch of Biometric Crypto Wallet Backed by Finger Vein Authentication

  • G-Knot is set to release a crypto wallet using finger vein biometrics for authentication, aiming to enhance security and eliminate the need for recovery phrases and private keys.
  • The wallet will be the first of its kind to utilize finger vein identification, addressing security concerns in self-custody as crypto-related hacks continue to rise, resulting in significant losses.
  • Wes Kaplan, with experience in fintech and digital assets, has been appointed as CEO to lead the launch. The technology is developed by eTunnel, a Seoul-based firm recognized by the United Nations for its biometric platform.
  • G-Knot plans to offer a range of products utilizing this technology, targeting retail and enterprise users. The company aims to address security needs in a digital world with applications in digital identity and decentralized infrastructure.

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