PalmFusion
PalmFusion is a proprietary, IP-protected, technology for biometric identification. It is a secure and fast system, that can be used both for identification and verification of people based on the combination of palm vein, palm print and 3D hand geometry. PalmFusion will be available as a SoC and ASIC chip and can be integrated with a wide range of commercially available application systems that needs to identify people in order to grant them rights or permissions, such as access control, retail payments or industrial operation panels.
Aside from developing the PalmFusion Technology Platform (hardware and software) for integration partners to use PalmFusion Labs will develop and sell two products with the PalmFusion Technology in house; the MiCA Hardware Wallet and the PalmFusion eID.
MiCA Hardware Wallet
MiCA Wallet is a Swiss-made crypto wallet that uses PalmFusion technology, allowing users to access their wallets without a password. It is a cold storage wallet for added security, specifically developed to comply with MiCA regulations. Hence the enrollment process includes a full KYC or KYB screening using Q-HUB, PalmFusion Labs in house developed KYC/KYB-hub that meets the regulatory requirements of each country covered by MiCA. The MiCA HW Wallet stores the private keys offline, offering enhanced security for long-term holding by reducing exposure to online threats.
PalmFusion eID
PalmFusion eID is a secure digital identity solution that enables individuals to verify their identity online, access services, sign documents, vote or sign transactions electronically with enhanced security and convenience. The PalmFusion eID will be offered as a branded solution to banks, financial institutions, local or federal governments.
