The EyeLock uses iris recognition to access your personal information online, eliminating the need for remembering multiple screen names and passwords.
SAN FRANCISCO (CNNMoney) -- The future is here.
Just like in the movie "Minority Report," where iris recognition is used to gain access to top secret files, you'll soon be able to log in to all of your personal accounts in the blink of an eye -- literally.
Hoyos Group, a New York-based company founded in 2005, unveiled a new product called EyeLock at the Finovate conference in San Francisco Tuesday --- calling it the first and only portable iris-scanning device for consumers.
Here's how it works: The device, which is the size of a standard business card and weighs about four ounces, comes in the form of a USB drive. Once you install the program and decide which applications to EyeLock, you hold the wand-like scanner in front of your eye, and automatically log in to any password-protected site on your computer -- whether it's Facebook, Gmail, PayPal or your bank account.
No password required. You can even keep your glasses on.
Iris recognition, Hoyos claims, makes it much more secure for consumers to access personal information -- and eliminates the risk of fraud.
"Every time you log in, it reads your iris and creates a unique key, which is a series of numbers, and this key changes every time you log in, so no one can hack it," said Tracy Hoyos, assistant marketing director.
While the government and certain financial institutions have tried to implement the idea of eye scans, it's never been developed for consumers, said Hoyos.
And fingerprint security just doesn't cut it, she said. While fingerprints have somewhere around 18 unique points that allow you to identify who they belong to, your iris has 2,000 points, she said...[Full Article]
[Webmaster - Yes they want you to give up your biometric privacy, but it is for a "good reason". They ALWAYS have a "good reason" for everything they do...]
