I recently wrote about the frustration with biometric solutions that don’t offer reliability stats (FAR and FRR). Humanode selected FaceTec facial recognition for its blockchain consensus mechanism. This new algorithm will use crypto-biometrics as a key.
Further investigation took me to the FaceTec website where I discovered it was NIST/NVLAP lab certified and published its reliability (1/12.8M+ FAR). It also took me to Liveness.com that links to several major real-life biometric failures, including a bank’s implementation. The site is worth visiting if interested in liveness detection and the threat vectors that have no testing available to certify:
“Humanode has reached a deal to integrate FaceTec’s face biometrics and liveness detection into its ‘crypto-biometrics’ platform, and also announced a strategic partnership with startup support and finance firm Republic Crypto.
The integration and development partnership with FaceTec will provide an anchor for the chain of trust behind the digital identity. FaceTec’s 3D FaceMaps will be used to create decentralized pseudonymous identities with reliable defense against Sybil manipulation, and enable remote identity verification.”
Overview by Tim Sloane, VP, Payments Innovation at Mercator Advisory Group