Hitachi to Use Fingerprints For Blockchain Payments

A new blockchain-based system can settle retail payments validated using shoppers' fingerprints
26 July 2018   727

The Japanese technological conglomerate Hitachi together with the telecommunications giant KDDI started testing of a blockchain of retail payments verified by the user's fingerprint. This is reported by CoinDesk.

It is reported that the complex, created on the basis of the development of the Hyperledger Fabric start-up, is integrated with Hitachi's biometric verification technology and the KDDI coupon system. So, users can use coupons, pay for services and verify payments using a fingerprint scanner.

As representatives of Hitachi explain, a user needs to register a coupon and verify himself using biometric information. The store will act as a blockchain node and will be able to verify the identity of the buyer with the help of a fingerprint.

As a result, users can authenticate themselves by holding the finger on the authentication infrastructure, so it is not necessary to present a coupon at the store, and the coupon can be used even without a smartphone.
 

Hitachi

Representatives of Hitachi emphasize that using the technology of the distributed ledger will help instantly spread the information about the used or appeared coupon.

Hyperledger to Release New Framework Grid

New framework is designed for mature businesses standards implementation
25 January 2019   300

The Hyperledger consortium introduced the Grid framework for developers of blockchain supply chain solutions.

Hyperledger platforms are flexible by design, but, as such, do not speak the language of any business or have opinions on how basic data types should be stored. In reality, enterprise business systems and market models are actually quite mature, as organizations have been transacting electronically based on common standards for decades.  Grid will provide a place for implementations of these standards and norms.
 

Hyperledger Team

Hyperledger Grid
Hyperledger Grid

The initiative has already been supported by Cargill, Intel and Bitwise IO.

Previously, the Hyperledger technical steering committee approved the Ursa project, a modular cryptographic library for solution developers based on distributed registry technology.