BAXE, an Australian FinTech, has partnered with IDEMIA, the global pioneer in Augmented Identity, and Haventec, an Australian software company that decentralises sensitive data and credentials, to launch the first decentralised blockchain ecosystem using a facial authentication solution for identity verification in Australia.
With this solution, BAXE users around the world will be able to authenticate high-value transactions, reclaim lost passwords or regain access to locked accounts using their face as a secure identification method. This solution will enable face verification in just a matter of seconds, resulting in faster, seamless service.