IOTA Foundation develops crypto wallet secured with biometric authentication

Jul 8, 2019, 9:55 am EDT | Chris Burt

The IOTA Foundation has developed a new secure software wallet for IOTA tokens with biometric authentication. The new Trinity Wallet enables users to send, receive, and store IOTA tokens with a range of bespoke and innovative features from IOTA’s expert user community, according to Help Net Security.

IOTA is a non-profit foundation focused on distributed ledger technology (DLT). More than $1.8 billion in IOTA transactions have been completed, and Trinity has been downloaded more than 160,000 times in beta. The full release is now available for Mac, Windows, Linux, iOS and Android.

“Our industry-leading wallet, Trinity, delivers on IOTA’s goal to provide secure, accessible and community-driven token storage for the international cryptocurrency marketplace,” says Dominik Schiener, co-founder, IOTA Foundation.

Cybersecurity firms SixGen and Accessec have thoroughly audited the application, which IOTA says combines best-in-class security measures with simplified IOTA token storage and extensive customizability. It uses Keepass’ recognized encrypted seed backup security standards, features strong multi-level encryption, and includes biometrics for two-factor authentication as a security and convenience layer. QR scanning and deep links enable users to refill transaction information and streamline peer-to-peer address exchange and IOTA-based ecommerce.

“We are happy to bring our commitment to rigorous security testing and superior wallet security to the IOTA Foundation’s Trinity wallet,” says SixGen CEO Ethan Dietrich. “It is clear the Trinity team takes security very seriously and has applied best practices throughout the wallet’s development. SixGen’s in-depth review and testing ensures users can store and send tokens with confidence and peace of mind.”
The wallet supports 25 languages, and Trinity is also compatible with hardware wallets including Ledger Nano S, X, and Blue.

NEXT Biometrics spoke at IOTA’s Digital Trust and Economy of Things meeting earlier this year.