Will it be a stalwart like Apple or a startup?
Peter G. Tapling, President and CEO of Authentify (a provider of automated authentication services), expects it to be a combination of the two.
"One of the characteristics of being a smaller company is, we can come up with really great ideas and we kind of work really hard to get particular individuals to implement it," Tapling told Benzinga. "There's no replacing Apple making something available to 500 million people in a day. So I think it's going to be a combination."
Apple, of course, is famous for adding a fingerprint scanner to the iPhone 5S. But that's not a new technology -- fingerprint scanners have been around for a long time.
Tapling is intrigued by the potential for using an individual's ECG as a biometric. Bionym is experimenting with that technology and plans to launch a new wristband that serves as a wearable authentication tool. If successful, it could allow a user to bypass passwords, pins, keys and cards for accessing a variety of applications.
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