Dubai, UAE—November 28, 2024—Serenity, a blockchain-based know-how supplier, and IDEMIA Safe Transactions (IST), a pacesetter in cost and connectivity options, have launched sAxess, a biometric card designed to enhance safety for digital belongings and delicate knowledge. Combining Serenity’s blockchain experience with IDEMIA’s superior biometric good card know-how, the sAxess card affords enhanced entry management, sturdy knowledge restoration, and decentralized storage capabilities.
The worldwide rollout of sAxess goals to deal with rising issues over knowledge breaches and the necessity for scalable safety options throughout industries like banking, healthcare, and insurance coverage. By integrating fingerprint authentication and IDEMIA’s B.CHAIN {hardware} pockets know-how, the cardboard affords customers a safe self-custody answer for managing digital belongings with out reliance on intermediaries.
“We’re coming into a brand new period of knowledge safety, as digital threats develop more and more advanced and frequent,” mentioned Venket Naga, CEO of Serenity. “Our partnership with IDEMIA merges cutting-edge biometric capabilities with blockchain innovation, guaranteeing that customers can entry and handle their delicate knowledge with unprecedented safety.”
Key Options of the sAxess Card
Biometric Authentication: Replaces conventional PINs and passwords with fingerprint verification to make sure solely licensed entry.Decentralized Knowledge Restoration: Employs Serenity’s patent-pending know-how, using non-fungible tokens (NFTs) as safe credentials in a “digital secure” for predefined entry situations, together with inheritance eventualities.Chilly Storage for Digital Belongings: Integrates IDEMIA’s {hardware} pockets know-how, offering sturdy storage and safe transaction capabilities.Consumer Management: A self-custody mannequin minimizes third-party dangers, empowering people and organizations to handle their belongings immediately.
Jerome Ajdenbaum, Vice President of Digital Currencies at IDEMIA, highlighted the innovation: “sAxess units a brand new customary in belief, safety, and consumer expertise by integrating our {hardware} pockets with Serenity’s blockchain capabilities. This card empowers customers to safeguard their knowledge and belongings with intuitive but superior options.”
Addressing Regulatory and Business Wants
Notably, the launch of sAxess aligns with international regulatory pressures just like the Basic Knowledge Safety Regulation (GDPR) and rising calls for for safe knowledge administration programs. Excessive-profile breaches and rising knowledge privateness issues have pushed organizations to hunt scalable options that guarantee compliance with out sacrificing usability.
The cardboard’s options cater to industries dealing with delicate info, offering adaptability for environments requiring excessive safety and reliability. Farsh Fallah, COO of Serenity, emphasised its transformative potential: “sAxess empowers customers past encryption alone, offering management over digital belongings and guaranteeing seamless knowledge restoration underneath predefined situations.”
Future Plans
The sAxess biometric card is a part of a broader ecosystem of merchandise underneath growth by Serenity, together with the lately launched sBox storage answer and upcoming instruments like sVault and sWallet. These improvements intention to redefine knowledge safety and asset administration by leveraging blockchain know-how and user-centric design.