GhostPass Inc. has been awarded the CES 2025 Best Innovation Award in the Fintech category for its advanced biometric authentication technology. The company's decentralized and dualized biometric authentication (DDBA) system represents a significant leap forward in digital security, offering unprecedented protection for financial transactions and access control.
Unlike traditional biometric authentication methods, GhostPass stores user biometric data directly on personal devices, eliminating the risk of large-scale data breaches. The system has been rigorously tested by Korea Testing Certification (KTC) and Korea Testing & Certification Authority (KOTCA), achieving 99% authentication accuracy within 0.6 seconds.
The technology offers substantial benefits for both businesses and consumers. For enterprises, the system provides an enhanced security framework that can reduce authentication costs by up to ten times compared to traditional server-based systems. It also helps businesses comply with global data privacy regulations while preventing large-scale biometric data breaches.
For individual users, GhostPass delivers a seamless, hands-free authentication experience. The advanced biometric algorithm embedded in smartphones enables secure, on-device storage of facial recognition data, ensuring user privacy and eliminating concerns about third-party data access.
The company's technological innovation extends beyond financial sectors, with practical applications demonstrated at CES 2025, including smart door locks, security gates, and automated payment solutions. With over 75 global patents and strategic investments from the Korea Technology Finance Corporation and Oracle Venture Investment, GhostPass is positioning itself as a leader in next-generation authentication technology.
As cyber threats continue to evolve, GhostPass remains committed to developing more secure, scalable, and user-friendly authentication solutions. The company is actively exploring emerging technologies like AI-driven authentication and blockchain security to further enhance digital identity protection.
