Anonybit Patented for Secure Decentralized Biometric Authentication

Published Date : 05/02/2025 

Anonybit has been granted a patent by the United States Patent and Trademark Office (USPTO) for a decentralized biometric system that enhances privacy and security for enterprise use cases. The system leverages advanced technologies like Multi-Party Computation (MPC) and Zero Knowledge Proofs (ZKP). 

Anonybit, a leading provider of privacy-enhancing biometric solutions, has secured a patent from the United States Patent and Trademark Office (USPTO).

This patent covers a decentralized biometric system designed for privacy-preserving authentication, specifically tailored for enterprise use cases.\n\nAccording to a recent release, the patent highlights Anonybit's innovative approach to biometric data security.

The system is built on a decentralized architecture, which eliminates centralized storage of sensitive data and incorporates advanced technologies such as Multi-Party Computation (MPC) and Zero Knowledge Proofs (ZKP).\n\nThe cloud-based system is similar to other decentralized identity schemes.

It involves fragmenting biometric data (a process known as 'sharding') and distributing it across a multi-party cloud computation environment.

This ensures there is no single point of compromise, thereby reducing the risk of data breaches and ensuring compliance with stringent privacy regulations.\n\nFrances Zelazny, CEO of Anonybit, stated, 'This patent approval marks a significant milestone for Anonybit and the biometric industry at large.

It validates our mission to redefine how biometric data is protected while enabling scalable and seamless enterprise applications.'\n\nAnonybit's patented technology is designed to address the privacy concerns associated with biometric data collection.

The platform adheres to regulatory requirements and incorporates principles such as data minimization, privacy by design, data residency, consent, the right to know, and the right to be forgotten.\n\nThis makes the technology particularly appealing to banks, fintechs, and major enterprises.

These organizations are already leveraging Anonybit's biometric solutions for various use cases, including fraud prevention, passwordless login, account recovery, and secure storage of wallet and identity tokens.\n\nAnonybit positions itself as the only privacy-enhancing biometric platform supporting a wide range of modalities, including face, voice, iris, and palm.

As a data infrastructure provider, the company offers unique support for third-party algorithms to deliver top-tier National Institute of Standards and Technology (NIST) performance.

Zelazny has emphasized that Anonybit does not develop its own algorithms to avoid competition with the industry and instead focuses on enabling other technology providers.\n\nThe patent is a significant achievement for Anonybit, adding to a string of successes in 2024.

The company introduced palm biometrics through a strategic partnership with Armatura, expanded its advisory board, and participated in the startup pitch competition at Identity Week.

Recently, Anonybit integrated its decentralized biometric identity platform into the NayaOne Tech Marketplace, a B2B enterprise technology adoption platform.\n\nAnonybit's commitment to innovation and security is evident in its continuous efforts to enhance biometric authentication solutions.

The company's decentralized approach sets a new standard in the industry, offering robust and privacy-focused alternatives for enterprises. 

Frequently Asked Questions (FAQS):

Q: What is Anonybit?

A: Anonybit is a leading provider of privacy-enhancing biometric solutions. It has developed a decentralized biometric system that enhances data security and privacy for enterprise use cases.

Q: What does the new patent cover?

A: The patent covers a decentralized biometric system designed for privacy-preserving authentication. It leverages advanced technologies like Multi-Party Computation (MPC) and Zero Knowledge Proofs (ZKP) to ensure data security and compliance with privacy regulations.

Q: How does Anonybit's system ensure data privacy?

A: Anonybit's system ensures data privacy by fragmenting biometric data and distributing it across a multi-party cloud computation environment. This eliminates centralized storage and reduces the risk of data breaches.

Q: What are the key principles Anonybit follows in its technology?

A: Anonybit adheres to principles such as data minimization, privacy by design, data residency, consent, the right to know, and the right to be forgotten to ensure compliance with regulatory requirements and enhance data privacy.

Q: What are some use cases for Anonybit's biometric solutions?

A: Anonybit's biometric solutions are used for various applications including fraud prevention, passwordless login, account recovery, and secure storage of wallet and identity tokens in banks, fintechs, and major enterprises. 

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