Nemex Resources (ASX:NXR) has advised that Wavefront Biometric Technologies Pty Ltd has filed a provisional patent application over newly identified intellectual property generated during the Phase 2 development program.
In March, the company increased its interest in Wavefront – an Australian-based biometric technology developer – to 40%. It has the right to increase this to 51%.
The patent application entitled Multi-Biometric Authentication builds on the original Corneal Authentication patent and uniquely combines the features of the cornea with key features of the iris utilizing a single sensor to capture multiple features of the eye.
This multi- biometric authentication system is unique as it both captures the identifying features of a person’s eye while also ensuring that eye is from a real person – effectively a built in “Liveness Test”.
Commercially available systems currently do not possess this method of liveness testing in terms of its robust facility to resist replay attacks or other methods to spoof biometric security systems.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.
Nemex Resources (ASX:NXR) has advised that Wavefront Biometric...
Currently unlisted. Proposed listing date: WITHDRAWN
Add to My Watchlist
What is My Watchlist?