Bionym, the Toronto-based biometrics technology company, have introduced The Nymi — a wristband that measures heartbeats to authenticate identity. Its embedded sensor reads the electrical pulses produced by your heartbeat, which is unique to each of us.
“You leave your fingerprints everywhere – you actually leave this impression which can be copied,” said Karl Martin, CEO and founder of Bionym.
“In the future, you go into a store, you go to the terminal, you tap with your wrist and that’s it. You don’t actually have to go through any of the friction of pulling out a credit card. Your name pops up when you get to the ATM – you don’t have to enter a card or a pin because it knows who you are,” he added.
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