ShoCard: Alhamrani Universal, ShoCard develop blockchain-based biometric ATM for Saudi Arabian market

Alhamrani Universal (AU) the largest ATM provider in Saudi Arabia, has announced a partnership with ShoCard, the blockchain-based identity authentication platform, to develop a biometric ATM prototype that will enable consumers in the region to use their blockchain-based app and faces instead of personal identification numbers to withdraw money from cash points. The ShoCard powered ATM, which will use five-factor authentication, can communicate across banks and uses the blockchain to confirm an individual's identity without accessing the bank's database. The [...]