This is NOT the most advance technology for payment
Biometric verification has gone beyond finger prints
Also private key and password is good enough validation.
But just because it’s “Hitachi” it’s front page news.
Hitachi to Utilize Blockchain by Settling Payments Through Fingerprint Validation Mechanism
Technology giant Hitachi has introduced a new mechanism that uses blockchain technology to settle payments. In coalition with the Japanese telecom company KDDI, Hitachi is prototyping a new payment gateway that could change the entire paradigm of the retail industry as we know it. In a press release made on 25th July, Hitachi unveiled to the world a new payment system that only uses the fingerprint of the customer to make the payment and authenticate the transaction through blockchain.
Only Biometric Information Required…..
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