Dear BitForex users,
We are delighted to announce the listing of BidiPass (BDP) on BitForex. The details are listed below - Happy trading!
- BDP deposit will be available on 2019/08/30 17:00 (GMT+8)
- BDP/BTC, BDP/ETH, BDP/USDT trading pairs will be available on 2019/08/30 17:00 (GMT+8)
- BDP withdrawal will be available on 2019/08/30 17:00 (GMT+8)
- Project Name: BidiPass
- Coin Symbol: BDP
- Official Website: https://bidipass.org
- Total Supply: 1,500,000,000 BDP
- Circulating Supply: 1,500,000,000 BDP
- Blockchain Explorer:
BidiPass is a blockchain-powered authentication protocol built on Ethereum for increased security in any user authentication process.
As technology is increasingly integrated into our daily interactions, whether communicative or transactional, our activities are becoming more digitized by the day. This has unfortunately left us vulnerable to identity theft and fraud — the number of identity theft victims in the US rose to over 16.7 million in 2017 with an estimated cost of nearly $17 billion.
Just like banks who ask for two forms of identification when approving transactions, now BidiPass is making this process digitally and widely accessible by leveraging biometric data such as Fingerprint and Face ID. It is a cryptographic identity authentication protocol that ensures genuine transactions through two-factor authentication (2FA) and the additional reliability of biometric verification.
Similar to Google Authenticator, BidiPass requires the user to use two verification methods to prove one’s identity. But BidiPass takes security a step further by using biometric data (Fingerprint or Face ID) rather than just confirming the user’s possession of his mobile device, which can easily be in the hands of someone else without the system catching on.
Through this simple but unique approach, BidiPass marries the usability of current 2FA solutions with a patented, industry-standard elliptic curve encryption that takes authentication to another level. While designed to be integrated easily into any existing system, BidiPass is still powerful enough to deliver full digital security.
Risk Warning: Cryptocurrency trading involves significant risk and may cost your invested capital lost. Please make sure that you fully understand the risk involved and take it into consideration your level of experience, investment objectives and seek independent financial advice if necessary.