Biometrics Technology Market: Development of Multimodal Biometrics for Security Holds Potential to Transform Industry
Biometrics helps in verifying the identity of a person based on physiological or behavioral characteristics. Specifically, traditional authentication methods such as magnetic cards, personal identification cards, passwords or keys are vulnerable to attacks and can be easily stolen. Biometrics technology identifies an individual on the basis of their fingerprints, face, signature, DNA, iris, typing rhythms etc and provides convenient and secure authentication. With the thriving Internet-based commerce such as online banking and rising need for precise verification while accessing accounts,...
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