SmartMetric Enters $14.82 Billion Security Card Market With Its World First Credit Card Thin Biometric All-In-One Cyber Access, Building Access & ID Fingerprint Activated Security Card
World’s First Multi-Function Cyber/Building Access and Identity Biometric Card as Thin as a Credit Card
NEW YORK, June 29, 2018 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME) – SmartMetric has created an advanced biometric card that combines cyber security for network logon along with building and doorway access and security desk identification in a single card as thin as a credit card. This multifunction cyber, access and identity card is a revolutionary new product for the security world built on the in-the-card miniature biometric validation and card activation fingerprint scanning technology developed by SmartMetric.
SmartMetric has received an order for its multi-function, thin as a credit card biometric security card from one of the leading Universities in Buenos Aires, Argentina. They have also agreed in addition to using the card within their campus to also allow their University to be a sales reference point and demonstration site for SmartMetric’s security card distributor, Group Datco.
UADE University (https://www.uade.edu.ar) Universidad Argentina de la Empresa (UADE, lit. "Argentine University of Enterprise") is a private university in Buenos Aires City, Argentina with a satellite campus in Pinamar (province of Buenos Aires). It is recognized worldwide by ACBSP (Association of Collegiate Business Schools and Programs), PRSA (Public Relations Society of America), IAA (International Advertising Association) and TEDQUAL (Tourism Education Quality). Located in the heart of Buenos Aires, UADE was founded 61 years ago by the Argentine Chamber of Corporations. It is an undergraduate and graduate degree granting university with a 23,000 student population.
The SmartMetric biometric multi-function security card uses a FIPS approved contact smart card chip along with MiFare secure RFID transmission in the single biometric card by SmartMetric. Both the smartcard FIPS contact chip and the MiFare RFID are turned on following a match of the card user's fingerprint by the card's internal fingerprint scanner.
“Touch the surface and your card knows it is you and then is able to be used to access secure networks as well as giving you access to your secure office floor," said SmartMetric’s President & CEO, Chaya Hendrick.
“This fills a glaring security gap in the security card market. At the moment Government and Business issued computer access or doorway entry cards, if lost or stolen can be used by anyone. Now only the person whose fingerprint is stored inside the card is able to use the card. This is a giant leap forward in both physical and cyber security. It also is far more convenient for the card user to have both doorway and network access combined into one card with the shape and thickness of a credit card. No more very thick single function security cards that anyone else can use if lost or stolen," said Chaya Hendrick.
Cybersecurity and identity validation for network access control, physical building entry and secure on-the-spot identity security is now handled by the revolutionary biometric activated cyber and ID multi-function security card which has been developed by SmartMetric after over a decade of R&D.
From Governments to the workplace, everyone is wanting better, stronger security across the enterprise. Our new biometric multifunction security card provides a revolutionary biometric based solution that is portable, easily integrated and backward compatible to existing backend security infrastructure.
The new multifunction biometric security card by SmartMetric is a revolutionary leap forward in the Cyber and Access Security world according to SmartMetric.
Access management market is estimated to grow from USD 8.09 billion in 2016 to USD 14.82 billion by 2021, at a CAGR of 12.9% between 2016 and 2021 according to a recent research report by KBV Research.
The company also makes a biometric fingerprint activated credit card. This allows banks to issue a biometric card that satisfies the growing demand by card customers for a stronger more secure credit card. The SmartMetric biometric credit card works with chip cards. There are more than 6 billion chip cards now issued by banks around the world.
* publication titled Identity & Access Management Market – Global Forecast by Marqual IT Solutions Pvt. Ltd (KBV Research) November 2016 KBV Research is a name owned by IT Solutions Pvt. Ltd.
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HOGIER GARTNER & CIA. S.A.
Alvaro Gartner Valencia
Gerente Comercial & Financiero
Carrera 65, No. 80-16
Bogota D.C. 11121, Colombia
Tel: +57. (1) 4378484
San Martin 1004
Buenos Aires, Argentina
Adrian Carnevante – Director
SMARTMETRIC Inc. (Manufacturer)
President & CEO
3960 Howard Hughes Parkway, Suite 500
Las Vegas, Nevada. 89169 USA
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