Physical verification of passwords App, LaunchKey is The Most Useful Startup of the Month

LaunchKey aims to make remembering passwords redundant and instead allow physical verification of accounts through smartphones. This new Internet Startup has got the coveted title of 'The Most Useful Startup of the Month' for December 2012.
 
Dec. 30, 2012 - PRLog -- How would it be if we told you that beginning in just a few moments from now, you could stop remembering all your passwords? Crazy, right? Remembering passwords in today's life can get to be a real hassle.Passwords for banks, passwords for Social Network accounts. After all, there's only so many passwords one can remember, right? Writing them down is no good, either; there's always the risk someone will find out. All of this can be a thing of the past if you were to get this new Smartphone App called LaunchKey. Yup, you heard right.

LaunchKey claims to do away with the password system itself. Instead, it provides an alternative wherein every time you need to key in a password, you type in your user name but not your password, & get an message on your Smartphone altering you to physically authenticate your identity. Hey presto, once you do that, you are in.

It all started when a team of young entrepreneurs had its Eureka moment in a public restroom - what if people did not need passwords to log into any of their accounts? And so started a journey that may ultimately end up in this Smartphone App called LaunchKey. The team dared present the idea at Startup Weekend, Las Vegas, a global initiative & competition to promote innovative technology idea, & won the contest hands down.

The team soon got down to business & say they are almost ready to launch the Smartphone App for iPhones & Androids. Using LaunchKey, they claim, means saying goodbye to passwords. Once you have installed this new Smartphone App, you are called upon to physically verify your account & there's no need to key in any password. Why & How?

Here's the way this Smartphone App will work: Once you have got this App, every time you try to log into any of your accounts, Online, you receive a notification on your LaunchKey-paired Smartphone. You may then physically press a tab (the Launch button) & authenticate that it's you who is trying to log in into your own account. And viola, you are in.

Because of its revolutionary idea, Whats New On The Net has decided to award the prestigious title of 'The Most Useful Startup of the Month' for December 2012 to LaunchKey.

To read up on LaunchKey, you may go to http://www.whatsnewonthenet.com/most-useful-startup-of-th...
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Tags:Most Useful Startup, Launchkey, new Internet Startup
Industry:Internet, Software
Location:Mumbai - Maharashtra - India
Subject:Awards
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