The joint companies will develop a solution to the ongoing problems created by the reliance on weak or complex passwords. The companies will deliver a FIDO-ready solution to the market in early 2014.
Launched in February 2013, the FIDO Alliance is developing a new industry open standard to address the lack of interoperability of existing authentication solutions and the problems users face with multiple usernames and passwords. This new open standard for strong authentication will enable websites and cloud applications to interface with a wide variety of existing and future FIDO-enabled devices and technologies.
Nok Nok Labs aims to enable trust across the web using authentication methods that are natural to end-users and provide strong proof of identity.
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