AnonyBit offers a decentralized storage platform for the storage and processing of biometrics and other personal data. Its patent-pending flagship product, the Anonybit Genie, functions as a system for password-less authentication of security credentials of employees. Built on top of a decentralized cloud platform and data vault, the solution stores biometrics such as face, voice, fingerprint, and iris data and leverages multi-party computing and zero-knowledge proofs to authenticate security credentials while personal data remains encrypted.
The platform provides application programming interfaces to enable users to implement AnonyBit as a standalone solution or as part of an integrated offering across customer service channels
Funding and financials
In October 2023, Anonybit raised USD 3 million in new funding led by JAM FINTOP.
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