5.4 Biometric Financial Agreement
In the future, we plan to build the world's first distributed financial infrastructure empowered by biometrics, and create a second-layer architecture through the deep integration of iris characteristics and blockchain technology:
A. Identity layer: Iris hash is bound to wallet address
B. Transaction layer: Building biometric DeFi infrastructure
Compliance architecture:
Long-term social issues
Ethics Committee: Establish a supervisory agency composed of technical experts, legal scholars and user representatives to assess the risk of biological data abuse.
Reversibility design: Users can freeze biological keys through a multi-sign mechanism to deal with extreme situations such as identity theft.
Regulatory collaboration plan
Discuss the STO framework with the Hong Kong Securities Regulatory Commission (SFC): Try to combine iris identity verification with securities tokens to meet anti-money laundering (AML) requirements.
Privacy computing compliance: Use the MPC technology of the Enigma system to ensure that the transaction verification process does not disclose original biological information.
User rights protection
Biodata Insurance: Cooperate with Allianz Insurance to launch exclusive insurance types to cover information leakage losses caused by technical loopholes.
Emergency response mechanism: Establish a 7×24-hour manual review channel to handle biometric abnormal locking complaints.
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