The authentication solution uses secure multiparty computation to sign a message which is done to make sure that the key is never fully revealed to any party involved. They are all stored through decentralization techniques across multiple devices. The firm revealed that the system is secured by ensuring that secrets such as cryptographic keys, and other private data never exists anywhere in a complete form. As such, this aspect of security is quickly becoming one of the most central and critical issues in achieving security.” He stated that “The biggest source of cloud breaches today is actually due to breaking authentication mechanisms. Unbound CEO Yehuda Lindell expressed his views regarding the need for such services as even highly-secure authentication systems are not secure enough and cumbersome. The decentralized key management system is meant to replace hardware tokens, one-time-passwords, and standard passwords, and can also be used to access blockchain wallets.Īccording to Unbound Tech, the new solution can secure high-risk operations and authenticate transaction approvals without security, usability, and cost trade-offs. The report stated that businesses appreciate Unbound’s security and cost-effectiveness, as it streamlines authentication and transaction approvals for the new password-free experience. Unbound Tech is the global leader in cryptographic key management and protection that applies revolutionary breakthroughs in mathematics to allow credentials to be used without being exposed, thus ensuring digital assets are safe anytime, anywhere.īusinesses Appreciate New Passwordless Solution Unbound Tech announced that its launch of a new password-free login solution would enable businesses to get rid of the traditional authentication process. Certified Augmented Reality (AR) Developer™.Certified Augmented Reality (AR) Expert™.

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