The UAE plans to revolutionise digital asset protection by introducing the world’s first biometric crypto card. Serenity, a decentralised blockchain platform specialising in security and privacy, has launched sAxess, a cutting-edge biometric access card designed to improve cryptocurrency security. This card eliminates the need for passwords, ensuring that only the rightful owner can access and control digital assets via fingerprint authentication.
As cybercrime and digital theft remain important threats, the introduction of sAxess is likely to redefine crypto security. Cryptocurrency fraud has caused billions of dollars in losses around the world, necessitating increased security measures. The biometric card enters a thriving sector currently worth USD 40 billion and expected to increase to USD 147 billion by 2034.
sAxess is more than simply a security tool; it also provides a comprehensive solution for cryptocurrency management. Biometric-only authentication allows users to send, receive, and save more than 10,000 digital items. To increase security, the card works with Serenity’s sBox, a decentralised storage system meant to protect sensitive data such as seed phrases and passwords.
Serenity seeks to create a safer, more user-friendly solution to manage digital assets by combining biometric technology and blockchain security, addressing growing worries about cyber risks in the cryptocurrency business.
