February - 2020ENTERPRISE SECURITY| | 19and location. Finally, the given biometric feature vector is matched against the pattern database using a correlation coefficient. When it is identified as a registered pattern, the required action is performed. Further, Global ID uses blockchain technology to store and encrypt data while spreading it across thousands of nodes--unfalsifiable and indestructible. The access to this data is strictly subject to authorization by the user.One of the biggest perks of implementing 3D finger vein ID technology is its affordability. The 3DFVid vein scanner is up to 20 percent cheaper than a state-of-the-art iris scanner and nearly 40 percent cheaper than a facial scanner, which gives Global ID's finger vein ID system a competitive edge.The effectiveness of the company's finger vein ID system can be well-illustrated using a case scenario where Global ID implemented its protocols as a proof of concept for a renowned healthcare organization in Switzerland named Jura Hospital. The Jura Hospital decided to test a biometric identification system from Global ID called BioLocker to meet the requirements of the country's E-Health initiative. The Swiss Confederation's E-Health project required the implementation of strong two-factor authentication for access to patient data. Global ID's biometric solution not only met those requirements but offered strong security, patient data control, and recognition of medical and health professionals even while wearing surgical gloves. "Our mechanism also allowed the system administrators to grant various levels of access to their end-users by fine-tuning the access control policy," explains Sonna.Apart from healthcare organizations, Global ID also offers their 3D finger vein recognition system to areas with high-security requirements such as civil identity, border control, education, transport, financial services and commercial transactions, as they rely heavily on access control technology as part of their overall security solution.With several such success stories in their quiver, Global ID envisions becoming a leading B2B digital authentication solutions provider that addresses identity theft and data hacking. With the aim to have a worldwide reach, the company plans to expand internationally and enter markets such as the U.S. and the Asia Pacific. It comes as no surprise that the company has been awarded the Seal of Excellence by the European Commission for its revolutionary vein-based biometric authentication solution for healthcare. ESOur ultimate objective is to provide the highest level of security and privacy to data while addressing the major disadvantages of existing biometric technologies that include reliability, robustness and high cost
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