[Digital Today Reporter Hwang Chi-gyu] Security company Raon Secure (CEO Soon-Hyung Lee) said that its FIDO (Fast ID Online)-based multi-channel authentication platform’OnePass’ was applied to Bithumb simple authentication login service, a large domestic virtual asset exchange Revealed.
Through the one-pass-based simple authentication login service, Bithumb app users can log in using various means such as biometric authentication such as fingerprint and Face ID, PIN, and pattern instead of ID and password to proceed with virtual asset transaction. In particular, since biometric authentication information is stored in a smartphone that can be controlled by an individual through the FIDO method, the virtual asset exchange can be used without fear of information leakage through server hacking.
Raon Secure CEO Lee Soon-hyung said, “We will support safer and more convenient virtual asset transactions through’One Pass’ and expand the next-generation authentication ecosystem.”
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.