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Canada developed an ECG authentication wristband to replace online banking passwords

2021-05-09

More and more passwords are used in modern life, and we constantly create, lose, restore, reset, and manage multiple passwords. If you have a better protection method, it is not difficult to use, users and businesses will be interested. Technical experts have proposed fingerprint and iris recognition as the next step in the digital age, but there are other options – the heart.

What if you can use the electrical signal from your heart to unpack the encryption device smoothly? Not long ago, a derivative company from the University of Toronto in Canada introduced a "Nymi band" designed to recognize the identity of the wearer's unique ECG features. Recently, Halifax Bank of the United Kingdom is testing the new wearable device.

According to physicists, the Nymi belt is like a watch that allows people to use their own unique "heart signature" - electrocardiogram (ECG) for identification. It only needs to “glance at” your ECG waveform to confirm your identity. You can use the relevant app to get regular heartbeat changes in your rules and improve your ECG data multiple times.

The user buckles it on one wrist and touches it with the finger of the other hand, and a current is generated between the finger and the wristband. This proves his identity to the wristband. When you want to drive the door or enter the house, the wristband will do its proof work. But can this Nymi belt be used for bank transactions? Can it make saving money safer?

In response, Halifax Bank said at a recent press conference that they undertook a “concept demonstration” to test whether the Nymi tape can reduce the need for users to remember their daily passwords while ensuring their security.

ECG signatures can replace online banking passwords. James Templeton of Wired magazine said: "In a conceptual demonstration experiment that records the rhythm of a person's heart rhythm with an ECG wristband, it can be used to log into an online banking service station." This technology combines related apps via Bluetooth and is available for Windows, Mac, iOS and Android systems.

Mark Ryan, Director of Innovation and Digital Development at Halifax Bank, said: "We are still at a very early stage in exploring the potential uses of Nymi and wearable technologies. These can help us improve our services and further understand how to best use them. satisfy customer needs."

Unlike fingerprint or iris scanning, Ryan said: “ECG is a biometric indicator that is a key signal to the body and therefore provides a natural and powerful protection against intrusion and counterfeiting. This technology is about the safety of the heart. Looping can prevent scammers from entering the service station with stolen ECG."


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