PalmFusion (identity)

PROJECT OVERVIEW

• Product: PalmFusion, a non-intrusive biometric authentication system that uses palm vein patterns, prints, and geometry to securely replace traditional IDs, keys, and payment methods, with blockchain integration for enhanced privacy, compliance, and functionality.

• Industry: Biometric Security / Identity Verification / Fintech

• Geographic Reach: Global, headquartered in Europe with international subsidiaries

• BSV Integration Start Date: 2022 (active exploration and implementation in 2022–2023)

BUSINESS CHALLENGE

What inefficiencies or risks existed?

Traditional authentication and identity verification systems often rely on passwords, physical tokens, or cards, all of which can be lost, stolen, or forged. Contact-based biometric systems also raise hygiene concerns, particularly in post-pandemic contexts.

Why traditional systems were insufficient:

Existing methods lack both security and convenience. Passwords are forgettable, keycards can be shared or cloned, and most biometric systems are either intrusive or limited to specific environments. Cross-border identity verification and compliance add further complexity.

WHY BSV?

What made the BSV blockchain the ideal solution?

BSV offers a low-cost, high-throughput blockchain with a stable protocol that enables secure and real-time recording of biometric access events, ID validation, and payment transactions. It supports digital identity use cases and is fully compliant with data protection regulations like GDPR and PSD2.

Comparison to other blockchain options:

Compared to Ethereum, BSV is significantly cheaper and faster. It is more scalable and allows seamless integration of identity and transaction data, which is critical for biometric authentication at scale.

SOLUTION ARCHITECTURE

Overview of the implemented BSV-based system:

PalmFusion combines three layers of biometric data—vein scanning, palmprint, and hand geometry—into a secure authentication system. BSV is used to log and verify identity claims and transactions tied to PalmID, PalmPay, and PalmAccess.

Key components:

• Data Logging: Biometric and transaction metadata are securely logged to BSV.

• Smart Contracts: Potential use in automating access control and user permissions.

• Tokenization: Under exploration for linking digital identity and assets.

• Role of partners/vendors: Integration with blockchain service providers in the BSV ecosystem for compliance, scaling, and enterprise deployment.

IMPLEMENTATION PROCESS

• Phases of rollout:

Initiated with internal development and compliance validation, then piloted across access control and payment scenarios, such as unlocking doors, starting vehicles, or making crypto payments.

• Integration with legacy systems:

Designed to interface with existing digital ID databases, payment gateways, and access control infrastructure.

• Training or onboarding:

Educational campaigns for biometric enrollment, GDPR compliance procedures, and blockchain credentialing were part of the rollout.

OUTCOMES & BUSINESS IMPACT

Quantifiable improvements:

• Eliminated password management and physical keys/cards

• Reduced risk of spoofing through multi-layered live biometric verification

• Enabled frictionless, contactless access and payments

• GDPR- and PSD2-compliant digital identity framework

Stakeholder feedback: Users report improved convenience and security. Enterprises benefit from simplified compliance and reduced operational friction.

CHALLENGES & MITIGATIONS

Challenges encountered:

• Educating the public on the safety and non-intrusive nature of biometric systems

• Regulatory hurdles for handling sensitive biometric data

• Overcoming skepticism about combining blockchain with biometrics

How BSV helped:

BSV’s low-cost, high-efficiency model enabled scalable deployment. Its compatibility with privacy-preserving architectures ensured GDPR alignment.

FUTURE VISION

Expansion plans:

Broader adoption in automotive, fintech, and government ID sectors. Use of palm verification for starting cars, securing sports lockers, accessing safes, and managing crypto wallets is under exploration.

Additional BSV functionalities:

Plans to integrate NFTs for biometric-bound digital credentials and use micropayments in access-based services.

TESTIMONIAL HIGHLIGHTS

“Your palm becomes a replacement for your keys, your wallet, your passport, your driver’s licence—everything. And it’s fully non-intrusive.” — Dereck Hoogenkamp, Chairman, PalmFusion

“BSV is less costly and fast compared to Ethereum, with many advantages for integrating biometric security.” — Dereck Hoogenkamp, Chairman, PalmFusion