Biometric Bitcoin

Bitcoins have been gaining in popularity recently with the need to have a global currency for peer to peer transactions. Security of the transactions and savings of the virtual currency are one of the things that are holding back the use of bitcoins. Recently, an anchorman on Bloomberg TV was robbed when he showed his bitcoin gift card on television for ten seconds. That was long enough for someone to scan the QR code on the certificate with their phone. 

Now a company called SmartMetric is bringing out a biometrically secured bitcoin payment card. According to the attached article from MENA financial network, offering a secure way to store and use bitcoins will greatly aid in the growth of bitcoin as a global currency.

SmartMetric to Launch World's First Bitcoin Card With Biometric Fingerprint Protection

NEW YORK, NY, Jan 10, 2014 (Menafn - Marketwired via COMTEX) --SmartMetric, Inc. (otcqb:SMME), a developer of patented biometric products, announced today it has developed and will soon launch the SmartMetric Biometric Bitcoin Card, the world's first biometric, fingerprint secured, off-line storage platform for bitcoins.

"SmartMetric's bitcoin card can significantly accelerate the growth and rate of adoption for bitcoins as the new global currency. By applying our patented biometric technologies to a bitcoin payment card, we offer the world's first fingerprint-secured method to safely store and use bitcoins," stated SmartMetric President and CEO Chaya Hendrick.

The SmartMetric Biometric Bitcoin Card uses the Company's patented biometric fingerprint technology, the world's smallest fingerprint reader. The card offers the benefits of bitcoins such as peer-to-peertransactions and card-to-card direct bitcoin sending anywhere in theworld, while enabling real-time, in-person standard payment transactions at merchants and compatibility with standard ATMs around the world. Advanced patented fingerprint technology uses the cardholder's unique biometrics to lock and unlock the SmartMetric Biometric Bitcoin Card, providing safety and discrete portability.

Bitcoins are becoming more widely used around the world, driven by government non-intervention and merchant and consumer demand. In the U.S., Federal Reserve Chairman Ben Bernanke recently sent a letter to the Senate noting that bitcoin may "hold long-term promise... if the innovations promote a faster, more secure and more efficient payment system." Japan, Germany, and Singapore have also recently taken an open stance on bitcoin, choosing to keep the digital currency unregulated for the time being.

http://www.menafn.com/baa26eb2-3f82-410c-a597-2ca546cdcf80/SmartMetric-to-Launch-Worlds-First-Bitcoin-Card-With-BiometricFingerprint-Protection?src=main