IBM: Passwords on road to extinction
19 December, 2011
category: Biometrics, Digital ID, Financial
IBM released its five in five, a list of five innovations that are going to change the way people work and live, with passwords going the way of the Dodo.
The tech giant states that an individual’s biological makeup will be the key to their individual identity and safeguarding it. Individuals won’t have to remember multiple passwords but instead biometrics will unlock access.
“Imagine you will be able to walk up to an ATM machine to securely withdraw money by simply speaking your name or looking into a tiny sensor that can recognize the unique patterns in the your eye. Or by doing the same, you can check your account balance on your mobile phone or tablet,” the company states.
Individual characteristics will be will be collected through software to build a unique DNA online password. Multi-factor biometrics will match a unique profile.
IBM also predicts that: people power will come to life; mind reading is no longer science fiction; the digital divide will cease to exist; and junk mail will become priority mail