Hitachi to Use Fingerprints For Blockchain Payments

A new blockchain-based system can settle retail payments validated using shoppers' fingerprints
26 July 2018   979

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.

R3 & Hyperledger to Implement DAML Support

Integration was made by Digital Asset, which also said that in the future they can work with other centralized solutions like Amazon products
19 June 2019   779

The world's leading developer of blockchain solutions, Digital Asset Holdings, has made DAML smart contract programming language compatible with the Corda platform from the R3 consortium, the Hyperledger Fabric framework, and the Amazon Aurora cloud database.

Our vision to transform finance has evolved into an even bigger opportunity to accelerate innovation. Extending the power of DAML to multiple platforms is an exciting milestone and a continuation of our strategy to enable DAML to work anywhere and give clients more flexibility and choice to use the platform technology that best meets their needs.
 

Yuval Rooz

Co-founder and CEO, Digital Asset

Earlier, DAML support appeared in the framework of Hyperledger Sawtooth and VMWare.

Digital Asset Holdings stressed that in the future they can work with other centralized solutions like Amazon products, because there is a demand for the company's services in this segment.

At the same time, it became known that such giants as Microsoft Corporation, Salesforce software developer, Russian Norilsk Nickel, Polish Gloscad and consulting firm Milligan Partners joined the ranks of the Hyperledger consortium.