The main idea of our invention, described on merqum.com, is to create security system using combined password and biometric protection. The point of password use is to create universal and easy to install system; the point of biometric use is to create highly secure system.
Biometric market now worth $3.4 billion with annual growth of 29.1% ; this predominantly include finger scan technology (59%), facial and iris scanning (13%), keystroke (0.4%) and signature scans (2.7%). Proposed invention targets end-users, small, medium-size companies and widespread information systems which need:
- Convenient, cost effective and secure solution for personal passwords storage, i.e. pocket USB-password generators;
- Flexibility in installation of access control devices: i.e. biometric scanners and password generators in university labs and libraries or subscription services of internet media.
Since security concerns in the modern world are constantly growing, biometric password generation is capable to gain at least 3% of total biometric market.
Advantages of biometric password management
- Passwords are unique because of uniqueness of biometric characteristics.
- Passwords are permanent, because they use certain mathematical algorithm (coding table) for coding. Other methods on the market generate just random passwords, useless for most applications.
- Passwords do not require storage or additional processing (i.e. comparison of a fingerprint with etalon in a database).
- Passwords use is flexible and can be invented in numerous applications:
- Passwords are secure because user can select any coding table or coordinate grid to generate password; this selection, however, is easy to remember.
Contact and additional information on http://merqum.com
