Serenity, a technology and blockchain solution provider, and IDEMIA Secure Transactions (IST), a worldwide leader in payment and connectivity solutions, have announced the release of sAxess, a biometric security card designed to increase data access control, security, and recovery. Together with Serenity’s expertise of blockchain technology, the relationship with IDEMIA Secure Transactions leverages IDEMIA’s vast network and proficiency in payment and connectivity solutions, which span 1,900 financial institutions and FinTech customers globally.
Before the year is out, the biometric card will be rolled out all over the world in an effort to satisfy the growing need for safe, scalable data management solutions for businesses and people handling complicated digital assets. Through this partnership, Serenity was able to introduce the sAxess biometric card, which combines IDEMIA Secure Transactions’ proficiency in cutting-edge biometric smart cards with Serenity’s blockchain technology to provide a unique hybrid approach to security.
To make sure that only authorized people can access critical data, sAxess uses fingerprint authentication and other biometrics, in contrast to conventional PINs or passwords. Its use of IST’s B.CHAIN hardware wallet, which is supported by cutting-edge smart card security and biometrics to provide a strong crypto cold storage solution and advanced secure authentication—meaning users can manage and access their digital assets directly—further strengthens its security. Its self-custody strategy offers control and less exposure to third-party risks by eliminating the need for middlemen.
Serenity’s patent-pending data recovery technology is part of sAxess, which provides safe channels for data access under certain circumstances. Using non-fungible tokens (NFTs) as safe credentials in a “digital safe,” the system offers a decentralized, immutable way to store and retrieve important data. Additionally, this enables users to specify certain requirements for approved data access, such inheritance. This ensures data recovery without sacrificing privacy, going beyond the ways that sensitive information is currently managed for both people and companies.
Venket Naga, CEO of Serenity stated:
“We are looking to a new era in data security, with increasingly complex and frequent digital threats targeting individuals and organizations of all sizes. This partnership with IDEMIA Secure Transactions goes beyond technology; it’s about creating trust during a time when breaches to sensitive data are becoming more potent and costly. By merging cutting-edge biometric capabilities with our revolutionary blockchain solutions, we are ensuring that individuals and businesses can access and manage their sensitive data with unprecedented security and ease.”
Farsh Fallah, COO of Serenity stated:
“The launch of sAxess represents a seismic shift in how we approach data security and digital asset management. Spending years in the heart of the tech industry, it’s clear to me how innovation can transform industries – and sAxess is a pivotal step forward in the evolution in data security. It offers something that goes beyond encryption alone, empowering users to take control of their digital assets.”
Businesses are looking for trustworthy data security solutions in the face of growing legal constraints like GDPR and well-publicized breaches that impact millions of people worldwide. sAxess was created with the scalability required to support businesses in areas like banking, healthcare, and insurance. It satisfies the intricate requirements of these sectors and offers a flexible solution for settings that handle sensitive data.
Jerome Ajdenbaum, VP Digital Currencies at IDEMIA Secure Transactions stated:
“We, at IDEMIA Secure Transactions, are delighted to be supporting Serenity in redefining the future of data and digital asset security. By leveraging our cutting-edge hardware wallet in a biometric card, Serenity sets a new standard in trust, security, and user experience, empowering users protecting data online, as well as crypto owners. In a market that prioritizes security and everyday convenience, sAxess delivers an intuitive yet innovative solution, bringing secure data and digital assets management right to users’ fingertips.”
Building on the launch of their storage solution, sBox, and with other products like sVault and sWallet in development, Serenity plans to launch a number of innovations, the first of which is the sAxess card.
