NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: IDEX ASA
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

IDEX Biometrics Selected as Strategic Technology Partner for Goldpac’s DC/EP Hardware Wallet Initiative - IDEX Biometrics ASA have been selected, to be the strategic technology partner, by Goldpac Group Ltd, on their Digital Currency/Electronic Payment (DC/EP) hardware-based digital wallet (hardware wallet) initiative - Goldpac.com / IDEXBiometrics.com
IDEX Biometrics Selected as Strategic Technology Partner for Goldpac’s DC/EP Hardware Wallet Initiative

 

NewswireToday - /newswire/ - Oslo, Norway, 2021/03/17 - IDEX Biometrics ASA have been selected, to be the strategic technology partner, by Goldpac Group Ltd, on their Digital Currency/Electronic Payment (DC/EP) hardware-based digital wallet (hardware wallet) initiative - Goldpac.com / IDEXBiometrics.com. OSE: IDEX

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Biometric / Forensic Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, have been selected, to be the strategic technology partner, by Goldpac Group Ltd (Goldpac), on their Digital Currency/Electronic Payment (DC/EP) hardware-based digital wallet (hardware wallet) initiative. IDEX has also received a new order for fingerprint sensors to support this initiative.

DC/EP is the name given to the Central Bank Digital Currency (CBDC) of China and is the digital version of the yuan, China’s national currency. A CBDC involves using blockchain technology to represent a country’s official currency, meaning it is regulated by a central bank unlike popular existing cryptocurrencies. DC/EP is backed by yuan deposits held by China’s central bank. China plans to roll out DC/EP ahead of the Winter Olympics which are being held in China in February 2022, and will be used for purchases in all sectors across the country.

DC/EP has already been piloted in the Chinese cities of Shenzhen, Chengdu, Suzhou and Xiong’an, potentially reaching over 42 million people. By planning and building an infrastructure for mass digital payments, online or offline, China will be providing a solution for the millions of unbanked and underbanked people in China. The hardware wallet initiative will be especially beneficial to a large percentage of the population who do not have access to a smartphone, thereby helping to narrow the digital divide in financial services

The goals and objectives of DC/EP move from mass regional adoption within the next year to international reach shortly thereafter. As hardware wallets actually store currency, they require high levels of security in order to be successful. IDEX’s fingerprint biometric solutions enable the highest level of security possible.

“It is critical to have enhanced levels of security in our DC/EP hardware wallets and we believe that adding fingerprint technology from IDEX will provide industry leading levels of security,” said Hou Ping, CEO of Goldpac.

A well-functioning CBDC will require an extremely resilient and secure platform, with the ability to onboard, authenticate, and support users on a massive scale.

“We are excited to have been chosen by Goldpac to be their security partner on their DC/EP strategy,” said Vince Graziani, CEO of IDEX Biometrics. “With the Winter Olympics being under a year away Goldpac is moving ahead swiftly and have already placed an order with us.”

About Goldpac Group Ltd

With 27 years of successful experience and a leading global technology portfolio, and committed to its core vision of Making Transactions More Secure and Convenient, Goldpac (goldpac.com) is specialized in delivering embedded software, secure payment products and Artificial Intelligence Financial Self-service Kiosks for global customers while leveraging innovative Fintech to provide data processing service, system platform and other total solutions for a wide business range of financial, government, healthcare, transportation, and retails.

About IDEX Biometrics

IDEX Biometrics ASA (idexbiometrics.com) is a leading provider of fingerprint identification technologies offering simple, secure, and personal touch-free authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer, and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast growing multi-billion-unit opportunity.

Trademark Statement
The wordmark ‘IDEX’ and the IDEX logo are registered trademarks of IDEX ASA. All other brands or product names are the property of their respective holders.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Contact: Marianne Bøe, Investor Relations
T: + 47 918 00186 - E: marianne.boe[.]idexbiometrics.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Biometric / Forensic Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: IDEX ASA

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Biometric / Forensic articles,
CATCH Visitors via Your Competitors Announcements!


IDEX Biometrics Selected as Strategic Technology Partner for Goldpac’s DC/EP Hardware Wallet Initiative

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Derek P. D’Antilio - IDEXBiometrics.com 
+1 978-273-1344 derek.dantilio[.]idexbiometrics.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any IDEX ASA securities in any jurisdiction including any other companies listed or named in this release.

Biometric / Forensic via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From IDEX ASA / Company Profile


Read Biometric / Forensic Most Recent Related Newswires:

IDEX Biometrics & Chutian Dragon to Jointly Develop Advanced Digital Currency Solutions
Fingerprint Cards AB (publ) Prepares for Growth in Key Areas - Establishes Regional Offices in China and Switzerland and Distribution Hub in Singapore
Vision-Box Awarded the Design, Supply, Testing, Commissioning and Maintenance of Single Token Solution At KL International Airport, Malaysia
Fingerprints and Fime Minimize Time to Market for Biometric Payment Cards with Mastercard® Approval of T-Shape 2 Sensor Module
Frost & Sullivan Recognizes NEC with the 2020 Global Biometrics in Security Market Growth Innovation & Leadership Excellence Frost Radar™ Award
Vendors Offer New Digitized Solutions to Propel the Global Airport Security Market Finds Frost & Sullivan
IDEX Biometrics Further Strengthens its Supply Chain by Partnering with MFLEX
Facial Recognition Pilot Project At Madrid Airport Evolves into Broader Contactless Passenger Experience
IDEX Biometrics Expands Landmark Partnership with Global Payment Solutions Provider to Include Joint Marketing and Sales
Vision-Box and Airside Announce Strategic Partnership to Accelerate Adoption of Seamless Travel and Digital Health Passport
IDEX Biometrics & Tongxin Microelectronics Collaboration Achieves Second China UnionPay Certification
Fingerprint Cards AB's Slim Mobile Sensor First to Achieve EMVCo Approval for Secure Mobile Payments
Elenium Commended by Frost & Sullivan for its AI-powered Airport Passenger Self-service Automation Kiosks
Fingerprint Cards AB Receives First Major Purchase Order for its New Biometric PC Solution
IDEX Biometrics and Partner Goldpac Achieve China Union Pay Certification for Dual Interface Biometric Payment Cards

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow, Inc.

Visit  Limelon Advertising, Co.





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)