SmartMetric to Launch World's First Bitcoin Card With Biometric Fingerprint Protection
January 10 2014 - 10:15AM
Marketwired
SmartMetric to Launch World's First Bitcoin Card With Biometric
Fingerprint Protection
Scheduled for Launch in Q1 2014
NEW YORK, NY--(Marketwired - Jan 10, 2014) - SmartMetric, Inc.
(OTCQB: SMME), a developer of patented biometric products,
announced today it has developed and will soon launch the
SmartMetric Biometric Bitcoin Card, the world's first biometric,
fingerprint secured, off-line storage platform for bitcoins.
"SmartMetric's bitcoin card can significantly accelerate the
growth and rate of adoption for bitcoins as the new global
currency. By applying our patented biometric technologies to a
bitcoin payment card, we offer the world's first
fingerprint-secured method to safely store and use bitcoins,"
stated SmartMetric President and CEO Chaya Hendrick.
The SmartMetric Biometric Bitcoin Card uses the Company's
patented biometric fingerprint technology, the world's smallest
fingerprint reader. The card offers the benefits of bitcoins such
as peer-to-peer transactions and card-to-card direct bitcoin
sending anywhere in the world, while enabling real-time, in-person
standard payment transactions at merchants and compatibility with
standard ATMs around the world. Advanced patented fingerprint
technology uses the cardholder's unique biometrics to lock and
unlock the SmartMetric Biometric Bitcoin Card, providing safety and
discrete portability.
Bitcoins are becoming more widely used around the world, driven
by government non-intervention and merchant and consumer demand. In
the U.S., Federal Reserve Chairman Ben Bernanke recently sent a
letter to the Senate noting that bitcoin may "hold long-term
promise... if the innovations promote a faster, more secure and
more efficient payment system." Japan, Germany, and Singapore have
also recently taken an open stance on bitcoin, choosing to keep the
digital currency unregulated for the time being.
According to www.blockchain.info there are an estimated 12
million bitcoins in circulation today. With Bitcoins trading at
approximately $925 per bitcoin on January 6, 2013, there is an
estimated $11 billion worth of bitcoins in circulation.
About SmartMetric
SmartMetric, Inc. (OTCQB: SMME) develops patented biometric
technologies used for security and identification, including the
world's smallest fingerprint reader. The Company's proprietary
advanced miniature electronics technology uses sub-micro computers
to create fingerprint and security applications that were not
previously possible. The world's smallest fingerprint reader is
designed to fit inside standard payments cards as well as ID cards.
Because of the miniature size of the electronics it is ideal for
use in a broad array of products requiring an enhanced
identification system. SmartMetric's products include biometric
credit card and biometric debit card technologies, a medical
emergency biometric card, and a MedicalKeyring™. For information on
SmartMetric and its technology please go to
www.smartmetric.com.
Safe Harbor Statement Certain of the above statements contained
in this press release are forward looking statements that involve a
number of risks and uncertainties. Such forward looking statements
are within the meaning of that term in Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Readers are cautioned that any such forward looking
statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ
materially from those indicated in the forward-looking statements
as a result of various factors.
Investor Relations: Jens Dalsgard ConstellationAA.com
+1.775.771.5808 SmartMetric, Inc. Chaya C. Hendrick President &
CEO +1.786.269.2238 ceo@smartmetric.com
SmartMetric (PK) (USOTC:SMME)
Historical Stock Chart
From Sep 2024 to Oct 2024
SmartMetric (PK) (USOTC:SMME)
Historical Stock Chart
From Oct 2023 to Oct 2024