Hitachi Ltd. has announced that it has developed a new payment system based on finger vein authentication technology. Finger vein authentication systems identify individuals based on the unique blood flow patterns in their fingers. With the introduction of the system, office workers can buy drinks and other goods from vending machines or at stores in the company building, simply by placing their fingers over a scanner, instead of using a corporate ID card. Actual payment is made later.
Hitachi is seeking practical applications for the technology after demonstrating the system internally. With its high recognition accuracy, finger vein authentication technology can contribute to preventing ID falsification, and the system has recently attracted a lot of attention as a next-generation biometric identification technology to replace fingerprint authentication, the most commonly-used technology today. The company is aiming for total sales of 110 billion yen between fiscal 2009 and 2011, through collaboration with local companies in Europe, the U.S. and Asia, where fingerprint authentication is widely used in security systems at immigration control or military facilities. Hitachi is also planning to introduce an identity authentication system with higher precision for military applications, by combining finger vein and finger print authentication technologies.
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