Authtech was born from the increased need in the market for a secure way to authentication.
Between mobile to mobile, and mobile to laptop authentication, the new technology would eliminate the signing up process, creating ID and PW.
In the situation between parents and children, parents don't want to share credit card information but need to pay something for them. Will you sign up new site and input CC information every single time? This technology vanish signing up and inputting payment information process. (More needs of parents, https://www.npr.org/2019/10/31/774838891/its-a-smartphone-life-more-than-half-of-u-s-children-now-have-one)
Also, nowadays mobile payments have become a crucial part of the day-to-day financial transactions, in part due to the health issues involved around handling cash or physical cards.
With big players like Apple Pay and Google Pay, the market seems dominated, but the downside of using their technology is that the credit/debit cards entered can easily be hacked, due to the fact that it cannot protect the user’s data all the time.
To solve the security problem, we’ve created authtech using an emerging technology called Lifi - which involves the use of visible light from an LED to transmit high-speed data to a photo detector (camera, webcam).
To make the transactions more secure, each light signal sent from the mobile device is a one-time passcode, rather than a piece of information. This makes it impossible to be hacked.
Authtech is has an issued patent in the territory of the United States, E.U., Singapore, Indonesia, and S.Korea.
Company Details
- Employees
- 1
- Founded
- -
- Address
- 1412 Broadway, New York,new York 10018,united States
- Industry
- Software Development
- NAICS
-
Software Publishers
- Website
- http://authtech.co
- Keywords
- fintech, financial services, mobile payments, new technology, authentication, one-time passcode, secured payment, P2P.
- HQ
- New York, New York
Authtech Questions
Authtech's website is http://authtech.co
Authtech's LinkedIn profile is https://www.linkedin.com/company/authtechco
Authtech has
1 employees.
View email and phone details for 1
employees at Authtech.
Authtech's industry is
Software Development
Authtech's top competitors are
Atomtech, Inc,
Endora Technologies, Inc.,
Velasco Consulting,
Koodall Ai,
Pionix,
Kindato Corp,
Colabr8,
Balanced Poker,
Authpay,
Btwn.
Authtech's categories are Software Development
Authtech's founding year is 2020
