FinovateEurope 2019 / Blinking
How they describe themselves: Blinking is a company with experience and expertise in developing blockchain and biometric-based security and compliance solutions from Belgrade, Serbia.
Blinking was founded by university professors with PhDs in information technology and strong research experience and a background in biometric technology. Alongside highly skilled blockchain engineers and practitioners, they lead a diverse, agile team of more than 20 engineers and software developers.
Blinking engineers developed a multi-factor digital identity based on biometric data, KYC / Know-Your-Customer platform, and a regulatory compliance tool for businesses.
How they describe their product/innovation: Blinking is a platform offering the creation of a digital identity. It can be used for multi-factor authentication and data access authorization, Know Your Customer data sharing and data regulation compliance.
MFA approach combines something that people know (password), have (device) and who they are (biometric data).
Blinking is based on a permissioned, private, blockchain network. An in-house developed biometric algorithm is executed in a distributed environment providing strict regulatory compliance by design.
The solution is currently a pending patent with the European Patent Office and being tested in different environments and markets.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, licensed
Bus. Dev.: Milos Milovanovic (COO)
Press: Nikola Milinkovic (Product Marketing Manager)