BitGo announces partnership with HYPR

Announcements | March 10, 2016 By:

BitGo announced a partnership with HYPR, a New York-based biometrics security firm, to bring biometric authentication to the blockchain space.

“All of our customers are asking how to use biometric security to protect their digital assets. The HYPR team has been laser focused on this and provides a great solution for us,” said BitGo chief executive Mike Belshe.

“It’s astounding how often our enterprise clients request a solution for blockchain security upon integration of our technology. BitGo and HYPR share a common view of the importance of decentralized security protocols. I cannot imagine a better team to partner with,” said HYPR chief executive George Avetisov.

The partnership will also provide an integrated solution to financial institutions looking to adopt blockchain/biometric security technology. The partnership will also see the adoption of Fast Identity Online (FIDO) security standards, bolstering a digital currency giant’s push toward the FIDO protocol.

BitGo is a bitcoin security and multi-sig technology provider.