Royal Canadian Mint has selected SecureKey’s briidge.net Connect platform to offer device-based multi-factor user authentication for its new MintChip cloud-based digital currency.
According to SecureKey, the briidge.net Connect Mobile SDK built into the MintChip consumer mobile app will be combined with the briidge.net Connect service to allow consumers to make cash-like MintChip payments using their smartphones and other mobile devices more conveniently and securely.
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The briidge.net Connect Mobile SDK embedded in the mobile app will allow the MintChip system to positively identify the mobile device connecting to the consumer cloud account through a device ID.
SecureKey said that its briidge.net Connect service will be easily adaptable to all forms of existing and emerging hardware-based security and can be applied to laptops, desktop PCs, mobile devices and even wearables to support payment of purchases made online and in-store.
Royal Canadian Mint chief emerging payments officer, Marc Brûlé, said: "SecureKey offered us a robust multi-platform solution that delivers a very high level of device security while providing MintChip consumers with a convenient, familiar payment experience.
"We look forward to working with SecureKey to help ensure the success of the next pilot phase of our MintChip digital currency."
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By GlobalData
