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BiowatchID SIGNED

A secure wearable for payments, ticketing, access control and ID management

Total Cost €

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EC-Contrib. €

0

Partnership

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 BiowatchID project word cloud

Explore the words cloud of the BiowatchID project. It provides you a very rough idea of what is the project "BiowatchID" about.

ubiquity    passports    attacks    recognition    closed    patented    replace    2023    losses    car    smooth    multiple    market    biowatchid    secure    life    touch    keys    apple    proof    fingerprints    tickets    vault    opportunity    reaching    distance    tamper    solutions    monitors    supports    biometric    designed    ble    samsung    seamless    reliability    500    hardware    grade    convenience    vein    scans    shows    recognizes    digital    transport    apps    cards    least    deficiencies    authentication    owner    id    nfc    combine    uses    2020    worn    demonstrated    ultra    overcomes    digitalization    channels    transactions    pattern    wrist    device    security    military    smart    once    frequently    everyday    identification    wearable    passwords    credit    completely    solution    loyalty    meet    core    communication    smartphones    replaced    biometrics    999    smartphone    sell    continuous    commercial    prone    band    badges    99    shift    mobility    oems    single    fuelled    100m    160m    revenues    protocols   

Project "BiowatchID" data sheet

The following table provides information about the project.

Coordinator
BIOWATCH SA 

Organization address
address: AVENUE MON REPOS 14
city: LAUSANNE
postcode: 1005
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Switzerland [CH]
 Project website https://biowatchid.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-02-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BIOWATCH SA CH (LAUSANNE) coordinator 50˙000.00

Map

 Project objective

Keys, credit cards & transport tickets are becoming fully digital—they are increasingly getting replaced by smartphone apps. This shift is fuelled by the ubiquity & convenience of smartphones as well as increasing support for short distance communication protocols (such as NFC or BLE) by different hardware. This increasing digitalization of everyday life requires secure authentication, which passwords, cards & keys frequently cannot meet as they are prone to losses & attacks. There is a market opportunity for a novel biometric solution that overcomes the deficiencies of the existing solutions and makes end-user transactions smooth & secure. While device OEMs like Apple or Samsung are using fingerprints & face recognition as core biometrics, we have designed a completely novel approach to ultra-secure biometrics authentication and built a device around it. BiowatchID is a smart band worn on the wrist, which is a secure vault that only the owner can use due to continuous biometric authentication. BiowatchID uses a secure patented wrist vein identification technology with demonstrated 99,999% reliability. It is a tamper-proof, military grade security device which supports multiple protocols & communication channels. Once BiowatchID is closed on the wrist, it scans & recognizes the unique vein pattern, and then continuously monitors the presence of the wrist. BiowatchID is designed to replace ID cards & passports; credit cards, loyalty cards, mobility cards; car keys, passwords, access badges; (and in the long term) Touch ID, Face ID & other similar biometric authentication solutions. Most importantly, BiowatchID can combine all of the above in a single wearable Our research shows that there will be at least 160m wearable devices with seamless biometric authentication solutions by 2020. Our commercial target is to sell 500,000 by 2023, reaching €100m in revenues.

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The information about "BIOWATCHID" are provided by the European Opendata Portal: CORDIS opendata.

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