Published Date : 7/10/2025Â
Swiss-licensed crypto wallet Relai has made headlines by integrating biometric authentication from Keyless, a company known for its focus on privacy-first security solutions. This move addresses critical challenges in the crypto space, where user trust and compliance with regulatory requirements are paramount. By leveraging Keyless' technology, Relai aims to provide a seamless yet highly secure experience for its users, who number over half a million and handle billions in trading volume. n nKeyless' approach to biometric authentication is rooted in its commitment to privacy. The company's CEO, Andrea Carmignani, emphasized that their technology ensures biometrics are not just secure but also private. This aligns with the crypto community's growing demand for solutions that protect user data without compromising functionality. For Relai, this partnership is a strategic move to meet the stringent MFA requirements imposed by new licenses, which previously could not be satisfied by traditional methods like SMS-based OTPs or device-specific biometrics. n nÂ
Q: How does Keyless' Zero-Knowledge Biometrics work?
A: Keyless transforms users' biometric data on their devices and stores it in an unreadable format in the cloud. This ensures that raw data is never exposed, maintaining privacy while enabling secure authentication.
Q: Why is biometric authentication better than traditional seed phrases?
A: Biometric authentication offers a more intuitive and secure method compared to 12-word seed phrases. It reduces the risk of human error and eliminates the need to store sensitive information in vulnerable formats.
Q: How does Relai meet MFA requirements with Keyless?
A: Relai uses Keyless' multi-factor authentication, combining device possession and biometric verification. This satisfies regulatory standards without compromising user experience.
Q: What is 'continuous trust' in biometric authentication?
A: Continuous trust involves real-time monitoring of user activity to detect anomalies. Keyless' partnership with IDnow enables this feature, ensuring ongoing security for users.
Q: Is biometric data stored securely on Keyless' servers?
A: Yes, Keyless uses zero-knowledge principles to store biometric data in an encrypted, unreadable format. This minimizes the risk of data breaches and protects user privacy.Â