Nymi is designed to eliminate the need for a user accessing services such as online banking to enter in a password and user name to verify he is who he says he is.
The wristband measures a person’s electrocardiogram to authenticate him to devices or apps for a range of functions that could include unlocking mobile banking apps and car doors. Nymi, which comes with an embedded ECG sensor, motion sensor and Bluetooth low-energy radio, keeps the user authenticated until he takes off the device.
Bionym has unveiled Nymi in September 2013 and plans to ship the devices in spring 2014.
In recent news, Bionym has revealed plans to replace passwords and other authentication tools with a bracelet that authenticates a person through their heartbeat.
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