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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. €

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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.

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

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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