BankVault MasterKey Description
A groundbreaking method for Passwordless Authentication in online services has emerged, providing a user experience that is both invisible and seamless. This innovative system offers multi-factor authentication in a single step rather than the conventional two, and can be fully implemented within 3-5 minutes using partner networks or overnight through the integration of an open-source API, all without introducing any technology or security risks.
This solution leverages a novel Decentralized Web Protocol and boasts several advantages: it necessitates no user software or installation, requires no change management, and does not demand modifications to backend systems. It allows for up to five factors of authentication and adheres to FIDO2 standards.
MasterKey is designed to align with the highest standards for Zero-Trust networks and devices, ensuring robust security measures. Organizations can effortlessly adopt Passkeys (FIDO2/WebAuthn) without the need for extensive system development, making the transition smooth and efficient. Additionally, MasterKey is built to accommodate significant scalability, making it suitable for a wide range of applications.
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