Earlier this month, EyeLock, a company focused on iris-based identity authentication solutions, announced the introduction of three reference designs architected for high volume OEM integration. EyeLock’s new product was designed to fill the rapidly increasing demand for iris authentication solutions for “internet of things” devices and applications including critical infrastructure, automotive, health care, financial services and government. EyeLock plans to show off the three reference design modules at the 2017 Consumer Electronics Show, which include hardware and software systems for iris enrollment and authentication designed to be customized for individual applications.
The company’s reference designs have processing and illumination configurations that are either on-board or host-based. According to the company, the reference designs have working distances of up to 60 centimeters with a false accept rate of 1 in 1.5 million for single eye authentication and a false reject rate of less than 1%.
The key to the technology is to provide biometric accuracy. Iris scanning, behind DNA, is considered by some to be the most secure and unique way of authentication. EyeLock’s proprietary iris authentication technology looks at more than 240 unique iris characteristics and provides a fast, user-friendly experience, according to the company.
Iris scanning is just one of many ways of authenticating IoT technology, with fingerprint scanning another method that has gained increasing popularity in recent years. Any of these methods can be combined to offer multifactor authentication, what many consider a future necessity given the increasing importance of the technology.
“The biometrics market is expected to grow to more than $40 billion by 2021, with iris authentication technology leading the next wave of adoption,” said Anthony Antolino, chief marketing and business development officer of EyeLock. “EyeLock is very well positioned to benefit from this extraordinary market growth. The introduction of our reference designs enables EyeLock to significantly expand partnership and licensing opportunities and satisfy demand from diverse market segments.”
